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2. The selling price decreases by $1.50 per unit, and the number of units sold increases by 24% 3. The selling price increases by $1.50
2. The selling price decreases by $1.50 per unit, and the number of units sold increases by 24%
3. The selling price increases by $1.50 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 8%.
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value 2.85 points Miller Company's most recent contribution format income statement is shown below: TotalPer Unit 185,000 111,000 $3.00 Sales (37,000 units) Variable expenses $296,000 $8.00 5.00 Contribution margin Fixed expenses 42.000 Net operating income S 69,000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.) 1. The number of units sold increases by 18% Miller Company Contribution Income Statement Total Per Unit Sales $349,280$ 8.00 5.00 3.00 ariable expenses 218,300 Contribution margin 130,980 $ xed expenses 42,000 et operating income 88,980
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