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Chapter 8 Saved Help Se Miller Company's most recent income statement follows: Sales (18,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income

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Chapter 8 Saved Help Se Miller Company's most recent income statement follows: Sales (18,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $450,000 180,000 270,000 77,000 $193,000 Per Unit $ 25 10 $ 15 Consider each of the following cases Independently Required: 1. Prepare a new income statement of the sales volume increases by 25%, and the selling price decreases by $3.00. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales Loss: Variable expenses Contribution margin Less: Fixed expenses Net income Total Per Unit 495,000 $ 22.00 225,000 10.00 270,000 $ 12.00 77,000 193,000 $ 2. Prepare a new income statement of the selling price decreases by $3.0 per unit, and the sales volume increases by 20%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 3. Prepare a new income statement if the selling price increases by $3.0 per unit, fixed expenses increase by $10,000 and the sales volume decreases by 5% (Do not round intermediate calculations, Round "Per Unit" answers to 2 decimal places.) Total Por Unit Sales 3. Prepare a new income statement if the selling price increases by $3.0 per unit, fixed expenses increase by $10,000 and the sales volume decreases by 5%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.10 per unit and the sales volume decreases by 15% (Do not round intermediate calculations. Round Per Unit" answers to 2 decimal places.) Total Per Unit Sales

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