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1 points eBook Hint Ask Print References Miller Company's contribution format income statement for the most recent month is shown below: Sales (37,000 units)
1 points eBook Hint Ask Print References Miller Company's contribution format income statement for the most recent month is shown below: Sales (37,000 units) Variable expenses Contribution margin Fixed expenses Net operating Incone Required: (Consider each case independently): 222,000 Total $333,000 Per Unit $9.00 111,000 6.00 $3.00 42,000 $ 69,000 1. What is the revised net operating income if unit sales increase by 13% ? 2. What is the revised net operating income if the selling price decreases by $1.40 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 $1.40 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 2%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 8%? 1 Net operating income 2 Net operating income 3. Net operating income 4 Not operating income
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