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Miller Company's contribution format income statement for the most recent month is shown below: Sales (39,000 units) Variable expenses Total $ 351,000 234,000 Contribution

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Miller Company's contribution format income statement for the most recent month is shown below: Sales (39,000 units) Variable expenses Total $ 351,000 234,000 Contribution margin 117,000 Per Unit $ 9.00 6.00 $ 3.00 Fixed expenses 48,000 Net operating income $ 69,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised net operating income if the selling price decreases by $1.20 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 $1.20 per unit, fixed expenses increase by $6,000, 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 10%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 8%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

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