Question: Miller Company's most recent contribution format income statement is shown below: Total Sales (44,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per


Miller Company's most recent contribution format income statement is shown below: Total Sales (44,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $220,000 $5.00 2.00 132,000 $3.00 88,000 44,000 $ 88,000 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.) I. The number of units sold increases by 19% Miller Company Contribution Income Statement Total Per Unit Sales ariable expenses Contribution margin 0.00 ixed expenses Net operating income 2. The selling price decreases by $1.10 per unit, and the number of units sold increases by 21% Miller Company Contribution Income Statement Total Per Unit Sales riable expenses Contribution margin 0.00 ixed expenses Net operating income
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