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 (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 7.00 4.00 $ 3.00 Total $ 301,000 172,000 Per Unit 129,000 41,000 $ 88,000 (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 16%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7% ? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 8%? 1. Net operating income 2. Net operating Income 3. Net operating income 4. Net operating income