Miller Companys contribution format income statement for the most recent month is shown below: Sales (37,000 units)
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Miller Company’s contribution format income statement for the most recent month is shown below:
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Sales (37,000 units) Variable expenses Total $ 222.000 111.000 Per Uhit $ 6.00 3.00 $ 3,00 Contribut ion nargin 111.000 Fixed expenses 49,000 $ 62,000 Net operat ing Incone 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 $1.30 per unit and the number of units sold increases by 18%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $8.000, and the number of units sold decreoses by 5%? 4 What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 7%? 1 Net operating income 12 Net operating income 3. Net operating income 4. Net operating income 84.650 Sales (37,000 units) Variable expenses Total $ 222.000 111.000 Per Uhit $ 6.00 3.00 $ 3,00 Contribut ion nargin 111.000 Fixed expenses 49,000 $ 62,000 Net operat ing Incone 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 $1.30 per unit and the number of units sold increases by 18%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $8.000, and the number of units sold decreoses by 5%? 4 What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 7%? 1 Net operating income 12 Net operating income 3. Net operating income 4. Net operating income 84.650
Expert Answer:
Answer rating: 100% (QA)
1 Revised Number of units Number of units Number of units x sales increase 37000 37000 x 15 37000 55... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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