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mabled: Exam 2: Chapter 4&5 0 Savod Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 7.00 Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 287,000 164,000 123,000 40.000 $ 83,000 $ 3.00 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 $120 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $120 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 6%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 5%? 1. Net operating income 2 Net operating income 3. Net operating income 4. Net operating Income