Miller Company's contribution format income statement for the most recent month is shown below: Sales (28,800 units) Variable expenses Total $ 172,800 103,680 Contribution margin 69,120 Fixed expenses 40,320 Net operating income $ 28,800 Per Unit $ 6.00 3.60 $ 2.40 Required: (Consider each of the four requirements independently): 1. Assume the sales volume increases by 4,896 units: a. What is the revised net operating income? b. What is the percent increase in unit sales? c. Using the most recent month's degree of operating leverage, what is the percent increase in net operating income? 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 17%? 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 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 6%? 1a. Net operating income 1b. Percent increase in unit sales 1c. Percent increase in net operating income 2. Net operating income (loss) 3. Net operating income 4. Net operating income 17 % %