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cant figure out 4 Miller Company's contribution format income statement for the most recent month is shown below: Sales (32,000 units) Variable expenses Contribution margin
cant figure out 4 Miller Company's contribution format income statement for the most recent month is shown below: Sales (32,000 units) Variable expenses Contribution margin Fixed expenses Net operating Income Total $ 320,000 224,000 96.000 47.000 $ 49,000 Per Unit $10.00 7.00 $ 3.00 Required: (Consider each case independently) 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 2397 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by s7000, and the number of units sold decreases by 8%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 7%? Answer is complete but not entirely correct. 1 $ 59,560 2 s 23,848 Net operating income Net operating income Net operating income Net operating income 3 $ 69.648 5 61.768 3 4
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