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Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 6.00 3.00 $ 3.00 Sales (32,000 units) Variable
Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 6.00 3.00 $ 3.00 Sales (32,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 192,000 96,000 96,000 46,000 $ 50,000 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised het operating income if the selling price decreases by $1.50 per unit and the number of units sold increases by 24%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income 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 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 15%?
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