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Miller Company's contribution format income statement for the most recent month is shown below: Sales (35,000 units) Variable expenses Total Per Unit $ $

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Miller Company's contribution format income statement for the most recent month is shown below: Sales (35,000 units) Variable expenses Total Per Unit $ $ 350,000 10.00 245,000 Contribution margin 105,000 7.00 $ 3.00 Fixed expenses 41,000 Net operating income $ 64,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 15%? 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 19%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, 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 30 cents per unit, and the number of units sold decreases by 10%? 1. Net operating income 2. Net operating income 3. Net operating income 4 Net operating income

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