Question: Miller Company's contribution format income statement for the most recent month is shown below. Sales (33,eee 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 (33,eee units) variable expenses Contribution margin Fixed expenses Net operating income Total $ 330, eee 231, eee 99,000 41,eee $ 58,000 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 12%? 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 $7,000, and the number of units sold decreases by 4%? 4. What is the revised net operating Income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 14%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income
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