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Miller Company s contribution format income statement for the most recent month is shown below: Total Per Unit Sales ( 4 2 , 0 0

Miller Companys contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (42,000 units) $ 420,000 $ 10.00
Variable expenses 294,0007.00
Contribution margin 126,000 $ 3.00
Fixed expenses 42,000
Net operating income $ 84,000
Required:
(Consider each case independently):
1. What is the revised net operating income if unit sales increase by 17%?
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 22%?
3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 4%?
4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 7%?Miller Company's contribution format income statement for the most recent month is shown below:
Required:
(Consider each case independently):
What is the revised net operating income if unit sales increase by 17%?
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
22%?
What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, and the
number of units sold decreases by 4%?
What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 40 cents per
unit, and the number of units sold decreases by 7%?
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