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[LO5-1, LO5-4) Miller Company's contribution format income statement for the most recent month is shown below: Sales (43,000 units) Contribution margin Net operating income 344,000
[LO5-1, LO5-4) Miller Company's contribution format income statement for the most recent month is shown below: Sales (43,000 units) Contribution margin Net operating income 344,000 $ 8.00 215,0005.00 129,000 45,000 $3.00 $ 84,000 Required: (Consider each case independently I, what is the revised net operating income if unit sales increase by 11%? 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 25%? 3. What is the revised net operating income if the selling price increases by S1.20 per unit, fixed expenses increase by $6,000, 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 10 cents per unit, and the number of units sold decreases by 9%? Coatribution Bargin rixed Required: what is the revised net operating income ifunit sales increase by 11%? 25%? 3. What is the operati net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $6,000, and the by 10 cents per number of units sold 4. What is the revised net oper s by 6%? ating income if the selling price per unit increases by 20%, variable expenses increase unit, and the number of units sold decreases by 9%
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