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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] Miller 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] Miller Company's contribution format income statement for the most recent month is shown below: 20 points Total Per Unit $ 7.00 Sales (37,000 units) Variable expenses $ 259,000 4.00 021922oibution margin 3.00 111,000 Fixed expenses Net operating income 47,000 Skipped $ 64,000 Required 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 $1.50 per unit and the number of units sold increases by 21%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 6%? 4, what is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 5%? 1. Net operating income 2. Net operating income 3. Net operating income 4.Net operating income
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