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Exercise 5 - 1 3 ( Algo ) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [ LO 5

Exercise 5-13(Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and
Total Fixed Costs [LO5-1, LO5-4]
Miller Company's contribution format Income statement for the most recent month is shown below:
Required:
(Consider each case independently):
What is the revised net operating income if unit sales increase by 14%?
What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units
sold increases by 24%?
What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase
by $9,000, and the number of units sold decreases by 4%?
What is the revised net operating income if the selling price per unit increases by 20%, varlable expenses
Increase by 30 cents per unit, and the number of units sold decreases by 9%?
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