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Exerclse 6-13 (Algo) Changes in Selling Price, Sales Volume, Varlable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format Income statement
Exerclse 6-13 (Algo) Changes in Selling Price, Sales Volume, Varlable 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. 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 $1.20 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 $10,000, 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 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 6%
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