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ANSWERS ONLY PLEASE Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (22,200 units) $ 199,800
ANSWERS ONLY PLEASE
Miller Companys contribution format income statement for the most recent month is shown below:
Total | Per Unit | |
---|---|---|
Sales (22,200 units) | $ 199,800 | $ 9.00 |
Variable expenses | 119,880 | 5.40 |
Contribution margin | 79,920 | $ 3.60 |
Fixed expenses | 46,620 | |
Net operating income | $ 33,300 |
Required:
(Consider each of the four requirements independently):
- What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 22%?
- What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 7%?
- 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 5%?
ANSWERS ONLY PLEASE
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