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EXERCISE 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed costs LO6-1, LO -4 Miller Company's contribution format income statement
EXERCISE 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed costs LO6-1, LO -4 Miller Company's contribution format income statement for the most recent month is shown below. Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 15% ? 2. What is the revised net operating income if the selling price decreases by $1.50 per unit and it number of units sold increases by 25% ? 3. What is the revised net operating ineome if the selling price increanes by $1.50 per unit, fiked expenses increase by $20,000, 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 12\%, variabice expenses increase by 60 cents per unit, and the number of units sold decreases by 10%
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