Question: Miller Company's contribution format income statement for the most recent month is shown below. Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating
Miller Company's contribution format income statement for the most recent month is shown below. Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating Income Total $430,000 301,000 129,000 47.000 $82,000 Per Unit $10.00 7.00 $ 3.00 Required: (Consider each case Independently) 1. What is the revised net operating income if unit sales increase by 20%? 2. What is the revised niet operating income the selling price decreases by $1.30 per unit and the number of units sold increases by 18%? 3. What is the revised net operating Income the selling price increases by $130 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income of the selling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 14%? 1 Net operating income 2 Net operating income Net operating income 4 Net Operating income
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