Chapter 8 Help Miller Company's most recent income statement follows: Sales (27,000 units) tessi Variable expenses Contribution margin Less Fixed expenses Net income Total $324,00 54. NO 270, eee 23.000 $247,600 Per unit $ 12 2 $ 10 Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 15%, and the selling price decreases by $1.00. (Do not round intermediate calculations, Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Less Variable expenses Contribution margin Less Fixed expenses Not income Prev 1 of 2 Next > 14 O 2. Prepare a new income statement of the selling price decreases by $20 per unit, and the sales volume increases by 25%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales 3. Prepare a new income statement of the selling price increases by $20 per unit, fixed expenses increase by $5,000 and the sales volume decreases by 5%. (Do not round Intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Prey 1 of 2 Next > earch O 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.25 per unit and the sales volume decreases by 20%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Prey 1 of 2 Next > O earch 90 | Book