Chapter #5 Quiz 1 HubSpot Academy a Prime Video-AM 03 17 Mt-Ask Tech Seved Help Save & Exit Subm Miller Company's contribution format income statement for the most recent month is shown below: Variable expenses Sales (43,000 units) Contribution margin Fixed expenses Net operating incone Required: Bock Total $387,000 Per Unit $9.00 258,000 6.00 129,000 $ 3.00 41,000 $80,000 (Consider each case independently 1. What is the revised net operating income if unit sales increase by 10%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 21% 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 7%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income