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

Miller Companys contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (40,000 units) $ 280,000 $ 7.00
Variable expenses 160,0004.00
Contribution margin 120,000 $ 3.00
Fixed expenses 48,000
Net operating income $ 72,000
Required:
(Consider each case independently):
1. What is the revised net operating income if unit sales increase by 14%?
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 24%?
3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 8%?
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%?

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