Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 10.00 7.00 $ 3.00 Sales (42,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 420,000 294,000 126,000 41,000 $ 85,000 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 $1.40 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 $1.40 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 4%? 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%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

Miller Company's contribution format income statement for the most recent month is shown below: 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 $1.40 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 $1.40 per unit, fixed expenses increase by $9.000, and the number of units sold decreases by 4% ? 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%