COLLEGE OF BUSINESS ADMINISTRATION Qn02. Miller Company's most recent contribution format income statement is shown below: Sales (20,000 units) Variable expenses Contribution margin Fixed expenses.. Total $300,000 Per Unit $15.00 180,000 9.00 120,000 $ 6.00 70,000 $ 50,00 Net operating income Required: Prepare a new contribution format income statement under each of the following conditions 1. The number of units sold increases by 30%. 2. The selling price decreases by $ 2.50 per unit