Exercise 5-13 Using a Contribution Format Income Statement [LO5-1, LO5-4]

Miller Companys most recent contribution format income statement is shown below:

	Total	Per Unit
Sales (30,000 units)	$180,000	$6.00
Variable expenses	90,000	3.00
Contribution margin	90,000	$3.00
Fixed expenses	41,000
Net operating income	$ 49,000

Required:

Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.)

1.	The number of units sold increases by 11%.

2.	The selling price decreases by $1.10 per unit, and the number of units sold increases by 18%.

3.	The selling price increases by $1.10 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 5%.

4.	The selling price increases by 10%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 7%.