Accounting 5 q 3

Miller Company's most recent contribution format income statement is shown below: Sales (40,000 units) Variable expenses TotalPer Unit $280,000 $7.00 160,000 4.00 Contribution margin Fixed expenses 120,000 $3.00 44,000 Net operating income S76,000 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.) I. The number of units sold increases by 15%. Miller Company Contribution Income Statement Total Per Unit 2The selling price decreases by $1.30 per unit, and the number of units sold increases by 25%. Miller Company Contribution Income Statement Total Per Unit