Exercise 5-13 (Static) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LOS-1, LO5-4) Miller Company's contribution format income statement for the most recent month is shown below: Total $ 300,000 180,000 120,000 70.000 $50,000 Per Unit $15.00 9.00 $6.00 Sales (20,000 units Variable expenses Contribution margin Pixed expenses Net operating Income Required: (Consider each case independently) 1. What is the revised net operating income if unit sales increase by 15%? 2. What is the revised net operating income if the selling pri decreases by $1.50 per unit and the number of units sold increases by 25%? 3. What is the revised net operating income if the selling price increases by 51.50 per unit, fixed expenses increase by $20,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 12% variable expenses increase by 50 cents por unit, and the number of units sold decreases by 10%? 1. Net operating income 2 Not operating income 3. Net operating income 4 Not operating income