Miller Company's contribution format income statement for the most recent month is shown below. Total Per Unit Sales (41.200 units) $325,000 $ 0.00 Variable expenses 205,000 5.00 Contribution margin 123,000 $ 3.00 Fixed expenses 47.000 Net operating income $ 76,000 Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 10%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 21%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit fixed expenses increase by $8,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income is the selling price per unit increases by 10% variable expenses increase by 10 cents per unit, and the number of units sold decreases by 9%? Net operating income 2 Net operating income 3. Net operating income 4. Net operating Income The Cheyenne Hotel in Big Sky Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy day represents a room rented for one day The hotel's business is highly seasonal with peaks occurring during the ski season and the summer Occupancy Electrical Month Days Costs onuary 3,000 $ 15,000 February 350 54,250 March 4,430 $ 18,570 April 1,470 $ 7,350 May 3,550 $ 18,250 June 1,120 55,600 July $ 17,425 August 3,840 $ 17,280 September 1.900 $9.500 October 1,090 55,450 Ilovember 2,040 $ 10,200 December 2,990 $ 14,950 Required: 1 Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy day (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) 3.910 Variable cost of electricity Fixed cont of electricity per occupancy day per month 2. What other factors in addition to occupancy days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mork for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be outomatically graded os incorrect.) Systematic factors lequests, witching off fans and tights Nomber of days present a month Income spadon hotel income