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Miller Company's contribution format income statement for the most recent month is shown below: Ch. 5: Guided Examples Saved 14 Exercise 5-13 Changes in Selling
Miller Company's contribution format income statement for the most recent month is shown below:
Ch. 5: Guided Examples Saved 14 Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO5-1, LO5-4) 3 points Miller Company's contribution format income statement for the most recent month is shown below: Total $ 186,000 Per Unit $6.00 3.00 $ 3.00 Sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income eBook 93,000 49,000 $ 44,000 Hint Print References 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 $120 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 $1.20 per unit, fixed expenses increase by $5,000, and the 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 5%? 1 Not operating Income 2 Net operating income 3. Net operating income 4. Net operating income Step by Step Solution
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