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Miller Company $ 1,200,000 960,000 Sales Variable expenses (80%) Income before interest Interest expense (fixed) Net income Sales 240,000 70,000 $170,000 Weaver Company $
Miller Company $ 1,200,000 960,000 Sales Variable expenses (80%) Income before interest Interest expense (fixed) Net income Sales 240,000 70,000 $170,000 Weaver Company $ 1,200,000 720,000 Variable expenses (60%) Income before interest Interest expense (fixed) Net income 480,000 310,000 $170,000 Problem 11-5A (Algo) Part 2 2. What happens to each company's net income if sales increase by 50%? (Round your answers to nearest Company Net income Miller Company Increases by % Weaver Company Increases by %
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