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14 Exercise 5-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) 154 points Miller Company's contribution
14 Exercise 5-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) 154 points Miller Company's contribution format income statement for the most recent month is shown below: Skipped Sales (44,000 units) Variable expenses Contribution margin Fixed expensen Net operating income Total $ 308,000 176,000 132,000 41,000 91.000 Per Unit $7.00 4.00 $3.00 eBook Hint Pin Required: (Consider each cose independently): 1. What is the revised net operating income if unit sales increase by 17%? 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 22? 3. What is the revised net operating income if the selling price increases by $150 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 5%? 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 13%? References 1. Not operating income 2. Net operating income 3. Net operating income 4. Net operating income
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