Chapter 3: Cost-Volume-Profit Relationships: page 104; Exercise 3-13, questions 1, 2, 3 & 4. (5 marks). EXERCISE 3-13 Using a Contribution Format Income Statement [LO 31, LO 34 Miller Company's most recent contribution fomat Income statement is shown below Total Sales (20,000 units)... Variable expenses Contribution margin Fixed expenses. Net operating income $300,000 180,000 120,000 70,000 $ 50,000 Per Unit $15.00 9.00 $ 200 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case Independently 1. The number of units sold increases by 15% 2. The selling price decreases by S1 50 per unit, and the number of units sold increases by 25% 3. The selling price increases by 51.50 per unit, foed expenses Increase by $20.000, and the number of units sold decreases by 5% 4. The selling price increases by 12% variable expenses increase by 60 cents per unit, and the number of units sold decreases by 10%