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Miller Company's contribution format income statement for the most recent month is shown below: Required: ( Consider each case independently ) : What is the

Miller Company's contribution format income statement for the most recent month is shown below:
Required:
(Consider each case independently):
What is the revised net operating income if unit sales increase by 18%?
What is the revised net operating income if the selling price decreases by $1.50 per unit and the number of units sold increases by
25%?
What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $7,000, and the
number of units sold decreases by 2%?
What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per
unit, and the number of units sold decreases by 5%?Miller Companys contribution format income statement for the most recent month is shown below:
Total Per Unit
Sales (42,000 units) $ 336,000 $ 8.00
Variable expenses 210,0005.00
Contribution margin 126,000 $ 3.00
Fixed expenses 47,000
Net operating income $ 79,000
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 $1.50 per unit and the number of units sold increases by 25%?
3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 2%?
4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 5%?
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