Question: Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit $10.00 sales (31,000 units) Variable expenses Contribution margin

Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit $10.00 sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 310,000 217,000 93,000 44,000 $ 49,000 7.00 $ 3.00 Required Consider each case independently) I. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $9,000, 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 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 7%
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