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2 Miller Company's contribution format Income statement for the most recent month is shown below: Total 8.33 Sales (31,000 units) $ 248,000 points Contribution
2 Miller Company's contribution format Income statement for the most recent month is shown below: Total 8.33 Sales (31,000 units) $ 248,000 points Contribution margin Variable expenses Fixed expenses Net operating income 155,000 93,000 Per Unit $ 8.00 5.00 $ 3.00 47,000 $ 46,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 19%? 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 $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 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 13% ? Answer is complete but not entirely correct. 1. Net operating income $ 63,670 2. Net operating income $ 16,767 3. Net operating income 70,635 4. Net operating income $ 55,486
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