Question: Required: (Consider each case independently): What is the revised net operating income if unit sales increase by 17%? What is the revised net operating income
Required:
(Consider each case independently):
- What is the revised net operating income if unit sales increase by 17%?
- What is the revised net operating income if the selling price decreases by $110 per unit and the number of units sold increases by 24%?
- What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 8%?
- What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 15%?
Miller Company's contribution format income statement for the most recent month is shown below: Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 17% ? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 24% ? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 8% ? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 15%
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