Question: please solve this Cher Miller Company's contribution format income statement for the most recent month is shown below: Sales (38,000 units) Variable expenses Contribution margin
Cher Miller Company's contribution format income statement for the most recent month is shown below: Sales (38,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 304,000 190,000 114,000 43,000 $ 71,000 Per Unit 5 8.00 5.00 5 3.00 Required: (Consider each case independently) 1. What is the revised net operating income if unit sales increase by 16%? 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 22%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit. fixed expenses increase by $8,000, 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 10%, variable expenses increase by 10 cents per unit, and the number of units seid decreases by 9%? 1. Net operating incom 2. Net operating income 3. Net operating income 4. Net operating income
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
