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: Total Per Unit $ Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 430,000 301,000 129,000 49,000 $ 80,000 (Consider each case independently): 10.00 7.00 $ 3.00 1. What is the revised net operating income if unit sales increase by 17 % ? 2. What is the revised net operating income if the selling price decreases by $1.50 per unit and the number of units sold increases by 20%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 4% ? 4. What is the revised net operating income if the seiling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 9%? 1. Net operating income 2. Net operating income 3. Net operating income 14. Net operating income