Exercise 5-13 (Static) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO5-1, LO5-4) Miller Company's contribution format Income statement for the most recent month is shown below: Sales (20,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 300,000 180, eee 120, eee 70,000 $ 50, eee Per Unit $ 15.ee 9.00 $ 6.00 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 price 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 $1.50 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 60 cents per unit, and the number of units sold decreases by 10%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating in