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Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (36,000 units) $ 216,000 $ 6.00 Variable

Miller Companys contribution format income statement for the most recent month is shown below:

Total Per Unit
Sales (36,000 units) $ 216,000 $ 6.00
Variable expenses 108,000 3.00
Contribution margin 108,000 $ 3.00
Fixed expenses 44,000
Net operating income $ 64,000

Required:

(Consider each case independently):

1. What is the revised net operating income if unit sales increase by 18%?

2. What is the revised net operating income if the selling price decreases by $1.30 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 $1.30 per unit, fixed expenses increase by $8,000, 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 10 cents per unit, and the number of units sold decreases by 5%?

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Miller Company's contribution format income statement for the most recent month is shown below: Sales (36,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $216,000 188,000 108,000 44,000 $ 64,000 Per Unit $6.00 3.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 18%? 2. What is the revised net operating income if the selling price decreases by $1.30 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 $1.30 per unit, fixed expenses increase by $8,000, 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 10 cents per unit, and the number of units sold decreases by 5%? Net operating income Net operating income Net operating income Net operating income

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