Question: Please help steps Miller Company's contribution format Income statement for the most recent month is shown below. Total Per Unit $ 8.00 Sales (44,000 units)
Miller Company's contribution format Income statement for the most recent month is shown below. Total Per Unit $ 8.00 Sales (44,000 units) Variable expenses $ 352,000 220,000 5.00 Contribution margin 132,000 $ 3.00 Fixed expenses 45,000 Net operating income $ 87,000 Required: (Consider each case Independently): 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating Income if the selling price decreases by $1.30 per unit and the number of units sold increases by 20%? 3. What is the revised net operating Income if the selling price increases by $1.30 per xed expenses increase by $7,000, and the number of units sold decreases by 3%? 4. What is the revised net operating Income if the selling price per unit increases by 20% variable expenses increase by 20 cents per unit, and the number of units sold decreases by Answer is complete but not entirely correct. 1. Net operating income $ 52.360 2. Net operating income. S 89,760 3. Net operating income $ 183,524 x 4. Net operating income S 103,896 X
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