Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit $6.00 Sal

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Miller Company S Contribution Format Income Statement For The Most Recent Month Is Shown Below Total Per Unit 6 00 Sal 1 (29.82 KiB) Viewed 68 times

Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit $6.00 Sales (39,000 units) Variable expenses Contribution margin 3.00 $ 234,000 117,000 117,000 48,000 $ 3.00 Fixed expenses Net operating income $ 69,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised net operating income if the selling price decreases by $1.50 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 4%? 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 5%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income