Question
Miller Company's contribution format income statement for the most recent month is shown below: Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net
Miller Company's contribution format income statement for the most recent month is shown below: Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income. Required: (Consider each case independently): Total $225,000 Per Unit $ 5.00 90,000 135,000 2.00 $ 3.00 41,000 $ 94,000 1. What is the revised net operating income if unit sales increase by 17% ? 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 22%? 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 4% ? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 12% ? 1. Net operating income: 2. Net operating income. 3. Net operating income- 4. Net operating income
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