Question: Miller Company's contribution format Income statement for the most recent month is shown below. Sales (20,000 units) Variable expenses Contribution margin Fixed expenses Net operating

 Miller Company's contribution format Income statement for the most recent month

Miller Company's contribution format Income statement for the most recent month is shown below. Sales (20,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 300,000 180,000 120,000 70,000 $50, eee Per Unit $ 15.00 9.00 $ 6.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 15%? 2. What is the revised net operating income if the selling price decreases by $150 per unit and the number of units sold increases by 25%? 3. What is the revised net operating income if the selling price Increases by $1.50 per unit, fixed expenses increase by $20,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 12%, variable expenses increase by 60 cents per unit, and the number of units sold decreases by 10%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

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