Exercise 6-13 (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 (42,000 units) Book Variable expenses Hint Prim eferences Contribution margin Fixed expenses Net operating Income Required: Total $ 336,000 210,000 Per Unit $ 8.00 5.00 126,000 $ 3.00 49,000 $77,000 (Consider each case independently) 4 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 $1.20 per unit and the number of units sold increases by 24%2 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 5% ? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses inch by 40 cents per unit, and the number of units sold decreases by 7% nces (Consider each case independently): 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 $1.20 per unit and the number of units sold increases by 24%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 40 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