Question: Millet Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (43,000 units) $100,000 $7.00 Variable expenses 172,000

 Millet Company's contribution format income statement for the most recent month

Millet Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (43,000 units) $100,000 $7.00 Variable expenses 172,000 4.00 Contribution margin 129.000 $ 3.00 44,000 et operating Income $ 35,000 Required: Consider each case independently 1. What is the revised net operating income it unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 17? What is the revised net operating Income if the selling price increases by $1.40 per unit fixed expenses increase by $10.000, and 4. What is the revised net operating income if the selling price per unit increases by 10%. Variable expenses increase by 30 cents per unit, and the number of units sold decreases by 11? 1 Nef operating income 2 Metering income te operating income 4 et operating income

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