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Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (25,200 units) $ 226,800 $ 9.00 Variable
Miller Companys contribution format income statement for the most recent month is shown below:
Total | Per Unit | |
---|---|---|
Sales (25,200 units) | $ 226,800 | $ 9.00 |
Variable expenses | 136,080 | 5.40 |
Contribution margin | 90,720 | $ 3.60 |
Fixed expenses | 52,920 | |
Net operating income | $ 37,800 |
Required:
(Consider each of the four requirements independently):
- 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 20%?
- What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 3%?
- 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 9%?
please help and please show work thank you
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