Question: Miller Companys most recent contribution format income statement is shown below: Total Per Unit Sales (37,000 Units) $370,000 $10.00 Variable Expenses $259,000 $7.00 Contribution Margin

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

Total Per Unit
Sales (37,000 Units) $370,000 $10.00
Variable Expenses $259,000 $7.00
Contribution Margin $111,000 $3.00
Fixed Expenses $44,000
Net Operating Income $67,000

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 13%.

2. The selling price decreases by $1.40 per unit, and the number of units sold increases by 24%.

3. The selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 2%.

4. The selling price increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 14%.

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