mheducation.com cises Served Help Save & Exit Submit work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question Miller Company's contribution format income statement for the most recent month is shown below: Sales (34,000 unita) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 272,000 170,000 102,000 49,000 $ 53,000 Per Unit $ 8.00 5.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 14%? 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 17%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 3%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 12%? Prey 1 of 3 Next > meducation.com cises Seved Help Save & Exit Submit Check my work Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 14%? 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 17%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 3%7 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 12%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income Prey 1 of 3 RE Next >