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Miller Company's contribution format income statement for the most recent month is shown below Total Per Unit Sales (30,000 units) Variable expenses $210,000 $7.00 120,000

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Miller Company's contribution format income statement for the most recent month is shown below Total Per Unit Sales (30,000 units) Variable expenses $210,000 $7.00 120,000 4.00 3.00 Contribution margin 90,000 Fixed expenses 41,000 $ 49,000 Net operating income Required: (Consider each case independently) 1. What is the revised net operating income if unit sales increase by 16%? 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 $7,000, 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 10 cents per unit, and the number of units sold decreases by 13%? 1. Net operating income- 2 Net operating income 3. Net operating income 4 Net operating income

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