Miller Company's contribution format income statement for the most recent month is shown below: 10 Sales (40,000 units) Variable expenses Contribution margin Fixed expenses Net operating income points Total $ 240,000 120,000 120,000 43,000 $ 77,000 Per Unit $6.00 3.00 $ 3.00 eBook Hint Print Required: (Consider each case independently): References 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 $1.30 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 $1.30 per unit, fixed expenses increase by $10,000, and the number of units sold decreases by 5%? 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%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. points eBook Hint Month January February March April May June July August September October November December Occupancy-Days 3,560 3,420 4,120 1,990 430 1,750 3,690 3,970 1,950 1,450 2,050 2,300 Electrical Costs $ 6,573 $ 6,209 $ 7,022 $ 5,174 $ 1,118 $ 4,550 $ 6,687 $ 6,968 $ 5,070 $ 3,770 $ 5,330 $ 5,980 Print References Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) Variable cost of electricity Fixed cost of electricity per occupancy-day per month