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10 Miller Company's contribution format income statement for the most recent month is shown below: 0.9 points eBook Sales (43,000 units) Variable expenses Contribution margin
10 Miller Company's contribution format income statement for the most recent month is shown below: 0.9 points eBook Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: Hint Total $ 215,000 Per Unit 86,000 129,000 $ 5.00 2.00 $ 3.00 43,000 $ 86,000 References (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 12%? 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 15%? 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 20 cents per unit, and the number of units sold decreases by 5%? 1. Net operating income 10 Required: (Consider each case independently): 0.9 points eBook 1. What is the revised net operating income if unit sales increase by 12%? 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 15%? 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 20 cents per unit, and the number of units sold decreases by 5%? Hint 1. Net operating income References 2. Net operating income 3. Net operating income 4. Net operating income
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