Question
Miller Companys contribution format income statement for the most recent month is shown below: (Consider each case independently): 1. What is the revised net operating
Miller Companys contribution format income statement for the most recent month is shown below:
(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 16%?
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $10,000, 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 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 9%?
(Please write the answer in a piece of paper where it is clearly visible)
Total Per Unit $ 234,000 6.00 3.00 Sales (39,000 units) Variable expenses Contribution margin Fixed expenses Net ope 117,000 117,000 42,000 3.00 rating income $ 75,000Step by Step Solution
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