Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 9.00 5.40 $ 3.60 Sales (25,200 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 226,800 136,080 90,720 52,920 $ 37,800 Required: (Consider each of the four requirements independently): 1. Assume the sales volume increases by 4,032 units: a. What is the revised net operating income? b. What is the percent increase in unit sales? c. Using the most recent month's degree of operating leverage, what is the percent increase in net operating income? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 18%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 6%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 14%? 1a. Net operating income 1b. Percent increase in unit sales 1c. Percent increase in net operating income 2. Net operating income (loss) 3. Net operating income 4. Net operating income $ 52,315 16 % 28 %

Miller Company's contribution format income statement for the most recent month is shown below: Required: (Consider each of the four requirements independently): 1. Assume the sales volume increases by 4,032 units: a. What is the revised net operating income? b. What is the percent increase in unit sales? c. Using the most recent month's degree of operating leverage, what is the percent increase in net operating income? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 18% ? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 6% ? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 14%