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Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (20,000 units) $ 300,000 $ 15.00 Variable

Miller Companys contribution format income statement for the most recent month is shown below:

Total Per Unit
Sales (20,000 units) $ 300,000 $ 15.00
Variable expenses 180,000 9.00
Contribution margin 120,000 $ 6.00
Fixed expenses 70,000
Net operating income $ 50,000

Required:

(Consider each case independently):

1. What is the revised net operating income if unit sales increase by 15%?

2. What is the revised net operating income if the selling price decreases by $1.50 per unit and the number of units sold increases by 25%?

3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $20,000, and the number of units sold decreases by 5%?

4. What is the revised net operating income if the selling price per unit increases by 12%, variable expenses increase by 60 cents per unit, and the number of units sold decreases by 10%?

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