Question
1. What is the revised net operating income if unit sales increase by 16%? 2. What is the revised net operating income if the selling
1. What is the revised net operating income if unit sales increase by 16%?
2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 21%?
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $5,000, and the number of units sold decreases by 7%?
4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 14%?
Miller Company's contribution format income statement for the most recent month is shown below: Total $ 360,000 225,000 Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $ 8.00 5.00 $ 3.00 135,000 47,000 88,000 $
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