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Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per unit and the number of units sold increases by 3. What is the revised net operating income if the selling price increases by $150 per unit, fed expenses increase by $10,000, and the number of units sold decreases by 5 4. What is the revised net operating income of the selling price per unit increases by 20% variable expenses increase by 40 cents per unit, and the number of units sold decreases by 6%
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