es (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...

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es (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (36,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 6.00 3.00 $ 3.00 Total $ 216,000 Per Unit 108,000 108,000 40,000 $ 68,000 (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 $1.10 per unit and the number of units sold increases by 22%? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $7,000, 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 20 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 es (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (36,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 6.00 3.00 $ 3.00 Total $ 216,000 Per Unit 108,000 108,000 40,000 $ 68,000 (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 $1.10 per unit and the number of units sold increases by 22%? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $7,000, 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 20 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