Miller Company's contribution format income statement for the most recent month is shown below: Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 300,000 210,000 90,000 44,000 $ 46,000 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 12%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 18%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $5,000, 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 10 cents per unit, and the number of units sold decreases by 11%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income Neptune Company produces toys and other items for use in beach and resort areas. A small, inflatable toy has come onto the market that the company is anxious to produce and sell. The new toy will sell for $3.10 per unit. Enough capacity exists in the company's plant to produce 30,900 units of the toy each month. Variable expenses to manufacture and sell one unit would be $1.96, and fixed expenses associated with the toy would total $52,339 per month. The company's Marketing Department predicts that demand for the new toy will exceed the 30,900 units that the company is able to produce. Additional manufacturing space can be rented from another company at a fixed expense of $2,617 per month. Variable expenses in the rented facility would total $2.17 per unit, due to somewhat less efficient operations than in the main plant. Required: 1. What is the monthly break-even point for the new toy in unit sales and dollar sales. 2. How many units must be sold each month to attain a target profit of $11,904 per month? 3. If the sales manager receives a bonus of 25 cents for each unit sold in excess of the break-even point, how many units must be sold each month to attain a target profit that equals a 27% return on the monthly investment in fixed expenses? (For all requirements, Round "per unit" to 2 decimal places, intermediate and final answers to the nearest whole number.) 1. units Break-even point in unit sales Break-even point in dollar sales Unit sales needed to attain target profit Unit sales needed to attain target profit units 3. units