Question: Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (38,000 units) $ 190,000 $ 5.00 Variable

Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (38,000 units) $ 190,000 $ 5.00 Variable expenses 76,000 2.00 Contribution margin 114,000 $ 3.00 Fixed expenses 46,000 Net operating income $ 68,000 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 15%? 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 decreases by 3%? 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 6%?

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