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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):

  1. 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%?
  2. 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%?
  3. 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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