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Miller Company's contribution format income statement for the most recent month is shown below: sales (31,000 units) Variable expenses Total $ 279,000 Per Unit
Miller Company's contribution format income statement for the most recent month is shown below: sales (31,000 units) Variable expenses Total $ 279,000 Per Unit $ 9.00 Contribution margin Fixed expenses Net operating income Required: 186,000 93,000 6.00 $ 3.00 47,000 $ 46,000 (Consider each case Independently): 1. What is the revised net operating Income if unit sales increase by 14% ? 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 $10,000, and the number of units sold decreases by 3% ? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 11% ? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income
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