Exercise 6-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (32,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 6.00 3.00 $ 3.00 Total $ 192,000 96,000 Per Unit 96,000 46,000 $ 50,000 (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 10%? 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 16%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $7,000, 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 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 5%? 1. Net operating income $ 59,600 2. Net operating income $ 9,680 3. Net operating income $ 83,800 4. Net operating income