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Miller Company's contribution format income statement for the most recent month is shown below Total $ 238,000 136,000 102,000 41,000 $ 61,000 Per Undt 57.00
Miller Company's contribution format income statement for the most recent month is shown below Total $ 238,000 136,000 102,000 41,000 $ 61,000 Per Undt 57.00 4.00 $ 3.00 Sales (34,600 units) Varlable expenses Contribution margin Fixed expenses Net operating income 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 $1.40 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 seling 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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