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Miller Company's contribution format income statement for the most recent month is shown below: Total 333,000 222,000 111,000 42,000 Per Unit $9.00 6.00 Sales (37,000
Miller Company's contribution format income statement for the most recent month is shown below: Total 333,000 222,000 111,000 42,000 Per Unit $9.00 6.00 Sales (37,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 3.00 $ 69,000 Required: (Consider each case independently) 1, what is the revised net operating income if unit sales increase by 18%? 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 22%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 7%? 4, what is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 7%? 1. Net operating income 2. Net operating income 3. |Net operating income
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