Managerial Accounting: Chapter 6 Cost-Volume-Profit Relationships

Miller Company's contribution format income statement for the most recent month is shown below. Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 450,000 315.000 135,000 10,000 $ 95,000 Per Unit $10.00 7.00 $ 3.00 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 of the selling price decreases by $130 per unit and the number of units sold increases by 22%? 3. What is the revised net operating income if the selling price increases by $1.30 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 20 cents per unit, and the number of units sold decreases by 11%? 1. Net operating income 2 Net operating income 3 Net operating con 4. Net operating income