Question: Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $9.00 6.00 $ 3.00 Total Sales (38,000 units) Variable

 Miller Company's contribution format income statement for the most recent month

Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $9.00 6.00 $ 3.00 Total Sales (38,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 342,000 228,000 114,000 50,000 $ 64,000 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 $1.40 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 $1.40 per unit, fixed expenses increase by $9,000, and the number of units solo 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% 1.Net operating income 2. |Net operating income 3. Net operating income 4. Net operating income

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