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HELP PLS I WILL THUMBS UP IF CORRECT THANK U Miller Company's contribution format income statement for the most recent month is shown below: Per
HELP PLS I WILL THUMBS UP IF CORRECT THANK U
Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 8.00 5.00 Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 328,000 205,000 123,000 44,000 $ 79,000 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales crease by 19%? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 17%? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $7,000, 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 13%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating incomeStep by Step Solution
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