Question: Question 2 16 Marks Miller Company's most recent contribution format income statement is shown below: Total Per Unit Sales (20,000 units) R300,000 R15.00 Variable expenses

Question 2 16 Marks Miller Company's most recent contribution format income statement is shown below: Total Per Unit Sales (20,000 units) R300,000 R15.00 Variable expenses 180,000 9.00 Contribution margin 120,000 R6.00 Fixed expenses 70,000 Net operating income R50,000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 2.1. The number of units sold increases by 15% 2.2. The selling price decreases by R1.50 per unit, and the number of units sold increases by 25%. 16 APMFN12_2022 2.3. The selling price increases by R1.50 per unit, fixed expenses increase by R20,000, and the number of units sold decrease by 5%. 2.4. The selling price increases by 12%, variable expenses by 60 cents per unit, and the number of units sold decreases by 10%
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