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Miller Company's contribution format income statement for the most recent month is shown below: Sales (38,000 units) Variable expenses Total $ 266,000 152,000 Contribution

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Miller Company's contribution format income statement for the most recent month is shown below: Sales (38,000 units) Variable expenses Total $ 266,000 152,000 Contribution margin 114,000 Fixed expenses 44,000 Net operating income. $ 70,000 Required: Per Unit $ 7.00 4.00 $ 3.00 (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 6%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 7% ? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

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