Question: Miller Companys most recent contribution format income statement is shown below: ..................................................Total...............Per Unit Sales (36,000 units) $216,000 $6.00 Variable expenses 108,000 3.00 Contribution margin 108,000

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

..................................................Total...............Per Unit

Sales (36,000 units) $216,000 $6.00
Variable expenses 108,000 3.00
Contribution margin 108,000 $3.00
Fixed expenses 49,000
Net operating income $ 59,000

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 12%.

.....................Miller company

....................Contribution Income statement

..............................Total........Per unit:

sales......................?............?

Variable expenses: ?.............?

contribution margin: ?............?

fixed expenses: ?

net operating income: $?

2.

The selling price decreases by $1.30 per unit, and the number of units sold increases by 19%

.....................Miller company....................

....................Contribution Income statement.........

..............................Total........Per unit:

sales......................?............?

Variable expenses: ?.............?

contribution margin: ?............?

fixed expenses: ?

net operating income: $?

3.

The selling price increases by $1.30 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 7%.

.....................Miller company....................

....................Contribution Income statement.........

..............................Total........Per unit:

sales......................?............?

Variable expenses: ?.............?

contribution margin: ?............?

fixed expenses: ?

net operating income: $?

4.

The selling price increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 8%.

....................Miller company....................

....................Contribution Income statement.........

..............................Total........Per unit:

sales......................?............?

Variable expenses: ?.............?

contribution margin: ?............?

fixed expenses: ?

net operating income: $?

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