question 8

Miller Companys most recent contribution format income statement is shown below:

sales 33000 units 297000 9.00

variable exp 198000 6.00

cm 99000 3.00

fixed expenses 40000

net op income 59000

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.)

1. The number of units sold increases by 18%.

2. The selling price decreases by $1.20 per unit, and the number of units sold increases by 17%.

3. The selling price increases by $1.20 per unit, fixed expenses increase by $5,000, and the number of units sold decreases by 7%.

4. The selling price increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 6%.

Miller Company's most recent contribution format income statement is shown below 2 The selling price decreases by $1.20 per unit, and the number of units sold increases 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 18%. 3. The selling price increases by $1.20 per unit, foxed expenses increase by $5,000, and he number of units sold decreases by 7%. 2. The selling price decreases by $1.20 per unit, and the number of units sold increase by 17%. 1. The selling price increases by 10%, variable expenses increase by 30 cents per unit. and the number of units sold decreases by 6% 3. The selling price increases by $1.20 per unit, fixed expenses increase by $5,000, an the number of units sold decreases by 7%. References Book& Resou Incone Statenent