2 6.66 points 03:37.51 Exercise 5-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO5-1, LO5-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (40,000 units) Variable expenses Contribution margin 6.00 Total $360,000 240,000 Per Unit $9.00 120,000 $3.00 43,000 eBook Net operating income $ 77,000 Fixed expenses Hint Print References Required: (Consider each case independently): 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 $1.40 per unit and the number of units sold increases by 17%7 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $5,000, 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 30 cents per unit, and the number of units sold decreases by 6% ? 1. Net operating income: 2. Net operating income 3. Net operating income 4. Net operating income