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Miller Company's contribution format income statement for the most recent month is shown below: Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net
Miller Company's contribution format income statement for the most recent month is shown below: Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income: Total $170,000 68,000 102,000 49,000 $ 53,000 Per Unit $ 5.00 2.00 $ 3.00 Required: ces (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 19% ? 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 $8,000, 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 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 14% ? 1. Net operating income $ 170,380 2. Net operating income 3. Net operating income $ 27,228 4. Net operating Income
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