Ch 5 Quiz i 7 2 points Saved Exercise 5-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO5-1, LO5-4] Miller Company's contribution format Income statement for the most recent month is shown below: Total 02:27:37 Sales (37,000 units) Variable expenses Contribution margin $ 259,000 148,000 Per Unit $ 7.00 4.00 111,000 $ 3.00 Fixed expenses 46,000 eBook Net operating income $ 65,000 Required: Hint Print References (Consider each case Independently): 1. What is the revised net operating Income If unit sales Increase by 13%? 2. What is the revised net operating Income if the selling price decreases by $1.30 per unit and the number of units sold Increases by 22%? 3. What is the revised net operating Income If the selling price Increases by $1.30 per unit, fixed expenses Increase by $6,000, and the number of units sold decreases by 5%? 4. What is the revised net operating Income if the selling price per unit increases by 10%, variable expenses Increase by 30 cents per unit, and the number of units sold decreases by 8%? 1. Net operating income Mc 2. Net operating income 3. Net operating income 4. Net operating income