medudukcomytlow/connect.html Chapter 5 Homework 7 Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs LO5-1, LO5-4] 1.1 Miller Company's contribution format income statement for the most recent month is shown below pped Total Per Unit Sales (32,ee0 units) Variable expenses Contribution margin Fixed expenses Net operating income $256, 000 $8.08 16e,ee95.08 96,e $3.00 44,800 52,080 Required: Consider each case independently): 1. What is the revised net operating income ifunit sales increase by 11%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold lincreases by 17%? 3. What is the revised net operating income if the selling price increases by $120 per unit, fixed expenses increase by $10,000, and the number of units sold decreases by 3%? References 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 14%? 1. Net operaing income 2. Net operaing income 3. Net operating income Net operating income