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clear organized complete answer please Check my work Miller Company's contribution format income statement for the most recent month is shown below Sales (37,000 units)
clear organized complete answer please
Check my work Miller Company's contribution format income statement for the most recent month is shown below Sales (37,000 units) Variable expenses Contribution margin Fixed expenses Met operating income Total $185,000 74,000 111,000 49.000 $ 62,00 Per Unit 55.00 2.00 $ 3.00 Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 142? 2. What is the revised net operating income if the selling price decreases by $130 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price Increases by S130 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 4%? 4. What is the revised net operating income if the selling price per unit increases by 20%. Variable expenses increase by 20 cents per unit and the number of units sold decreases by 14%? 1. Net operating income 2 Net operating income Perunat $ 5.00 2.00 $ 3.00 TO Sales (37,000 units) $185,000 Variable expenses 74,000 Contribution margin 111,000 Fixed expenses 49,000 Net operating income $ 62,eee Required: Consider each case independently 1. What is the revised net operating income if unit sales increase by 14%? 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 16%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $8.000, and the number of units sold decreases by 4%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 14%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income Step by Step Solution
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