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ges in variable costs, fixed costs, selling pric... 6 Savind Check my work mode : This shows what is correct or incorrect for the work
ges in variable costs, fixed costs, selling pric... 6 Savind Check my work mode : This shows what is correct or incorrect for the work you he Miller Company's most recent contribution format income statement is shown below: Sales (30,000 units) Variable expenses Total Per Unit $240,000 $8.00 150,000 5.00 90,000 Contribution margin Fixed expenses $3.00 46,000 Net operating income $ 44,000 Required: Prepare a new contribution format income statement under each of the following conditions consider each case Independently (Do not round Intermediate calculations. Round your "Per unit" answers to 2 decimal places.) ta. The number of units sold increases by 19% Answer is complete and correct. & Prov 4 of 6 1 Next > Check my work mode : This shows what is correct or incorrect for the work you ha 4a. The selling price increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 7%. Answer is complete but not entirely correct. Per Unit Miller Company Contribution Income Statement Total Sales $ 288,000 $ Variable expenses 195,000 Contribution margin 93,000 Fored expenses 46,000 Net operating income $ (47,000) 9.60 6.50 3.10 % 30 4b.What is the change in net operating income (New NOI - Original NOI) as a result of the selling price increasing by 20%, variable expenses increasing by 30 cents per unit, and the number of units sold decreasing by 7%. (If the change is a decrease, enter a negative number. If an increase, enter a positive number) Answer is complete but not entirely correct. s Prov 4 of 6 II: Next > 80 DOO Per Unit Miller Company Contribution Income Statement Total Sales S 288,000 Variable expenses 195,000 Contribution margin 93,000 Fixed expenses 46,000 Net operating income $ (47,000) $ 9.60 6.50 X 3.10 . 4b.What is the change in net operating income (New NOI - Original NO) as a result of the selling price increasing by 20%, variable expenses increasing by 30 cents per unit, and the number of units sold decreasing by 7%. (If the change is a decrease, enter a negative number. If an increase, enter a positive number) Answer is complete but not entirely correct. Change in NOE $ 3.000 Mac F2 30 . F3 DOO 4
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