Question: Miller Companys most recent contribution format income statement is shown below: Total Per Unit Sales (31,000 units) $217,000 $7.00 Variable expenses 124,000 4.00 Contribution margin

Miller Companys most recent contribution format income statement is shown below:

Total Per Unit
Sales (31,000 units) $217,000 $7.00
Variable expenses 124,000 4.00
Contribution margin 93,000 $3.00
Fixed expenses 48,000
Net operating income $ 45,000

Required:

Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.)

1. The number of units sold increases by 10%.

2. The selling price decreases by $1.30 per unit, and the number of units sold increases by 17%.

3. The selling price increases by $1.30 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 8%.

4. The selling price increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 6%.

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