Exercise Algo Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs LO LO

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

Total Per Unit

Sales units $ $

Variable expenses

Contribution margin $

Fixed expenses

Net operating income $

Required:

Consider each case independently:

What is the revised net operating income if unit sales increase by

What is the revised net operating income if the selling price decreases by $ per unit and the number of units sold increases by

What is the revised net operating income if the selling price increases by $ per unit, fixed expenses increase by $ and the number of units sold decreases by

What is the revised net operating income if the selling price per unit increases by variable expenses increase by cents per unit, and the number of units sold decreases by