Question: Miller Company's most recent contribution format income statement is shown below: Sales (37,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $222,000


Miller Company's most recent contribution format income statement is shown below: Sales (37,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $222,000 111,000 111,000 43,000 $ 68,000 Per Unit $6.00 3.00 $3.00 Required: Prepare a new contribution format income statement under each of the following conditions (con independently): (Do not round intermediate calculations. Round your "Per unit" answers to 1. The number of units sold increases by 12% Miller Company Contribution Income Statement Total Per Unit 0 $ 0.00 $ 2. The selling price decreases by 51.40 per unit, and the number of units sold increases by 19% Miller Company Contribution Income Statement Total Per Unit 0 $ 000 Type here to search 2. The selling price decreases by $1.40 per unit, and the number of units sold increases by 19%. Miller Company Contribution Income Statement Total Per Unit 0 $ 0.00 $ 0 3. The selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units Why 3% 3. The selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units decreases by 3%. Miller Company Contribution Income Statement Total Per Unit 0 $ 0.00 0 4. The selling price increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 7%. Miller Company Contribution Income Statement Total Per Unit 0 $ 0.00 S 0
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