Question: Miller Companys most recent contribution format income statement is shown below: Total Per Unit Sales (34,000 units) $272,000 $8.00 Variable expenses 170,000 5.00 Contribution margin

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

Total Per Unit
Sales (34,000 units) $272,000 $8.00
Variable expenses 170,000 5.00
Contribution margin 102,000 $3.00
Fixed expenses 46,000
Net operating income $ 56,000

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 15%.

2. The selling price decreases by $1.40 per unit, and the number of units sold increases by 22%.

3. The selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%.

4. The selling price increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 14%.

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