Miller Company's contribution format income stateme Per Unit $ 7.00 4.00 $ 3.00 Sales (42,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 294,000 168,000 126,000 47,000 $ 79,000 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 if the selling price decreases by $1.50 per unit and the number of units sold increases by 15%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 3%? 1. Net operating income 2. Net operating income Net operating income 4. Net operating income 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 3 cents per unit, and the number of units sold decreases by 10%?

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 if the selling price decreases by $1.50 per unit and the number of units sold increases by 15% ? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 3% ? 4 . What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by cents per unit, and the number of units sold decreases by 10%