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3 25 points eBook Print References Miller Company's most recent contribution format income statement is shown below: Total Per Unit Sales (34,000 $272,000 $8.00 units) Variable expenses 170,000 5.00 Contribution margin 102,000 $3.00 Fixed expenses 44,000 Net operating income $ 58,000 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.) 1. The number of units sold increases by 13%. Miller Company Contribution Income Statement Total Per Unit Sales $ Variable expenses Contribution margin Fixed expenses Net operating income $ 0 0 0 0 0 $ $ 0.00 0.00 0.00
3 25 points eBook Print References 2. The selling price decreases by $1.30 per unit, and the number of units sold increases by 18%. Miller Company Contribution Income Statement Total Per Unit $ 0 0 $ 0.00
3 3. The selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 3%. Miller Company Contribution Income Statement Total Per Unit 25 points eBook Print References $ 0 0 $ 0.00
3 25 points eBook 4. The selling price increases by 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 12%. Print References Miller Company Contribution Income Statement Total Per Unit $ 0 0 $ 0.00