Miller Company's contribution format income statement for the most recent month is shown below: Sales (39,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 273,000 156,000 117,000 47,000 $ 70,000 Per Unit $ 7.00 4.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 17%? 2. What is the revised net operating income if the selling price decreases by $1.30 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 $1.30 per unit, fixed expenses increase by $6,000, 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 10%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 8%? Answer is complete but not entirely correct. 1. $ 89,890 2. IS 29,908 Net operating income Net operating income Net operating income Net operating income 3. $ 106,315 4. $ 28,348 X