Question: Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 7.00 $ 3.00 Sales (44,000 units) Variable expenses
Miller Company's contribution format income statement for the most recent month is shown below: Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 13% ? 2. What is the revised net operating income if the selling price decreases by $120 per unit and the number of units sold increases by 23% ? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 6% ? 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 12%
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