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Miller Company's contribution format income statement for the most recent month is shown below. Per Unit $ 7.00 4.00 Sales (34,000 units) Variable expenses Contribution

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Miller Company's contribution format income statement for the most recent month is shown below. Per Unit $ 7.00 4.00 Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating Income Total $ 238,000 136,000 102.000 41,000 $ 61,000 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 $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $140 per unit, fixed expenses increase by $6.000, 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 20 cents per unit, and the number of units sold decreases by 15%? 1 Net operating income 2 Net operating income 3 Net operating income 4. Net operating income

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