Question
Miller Companys contribution format income statement for the most recent month is shown below: 1. What is the revised net operating income if unit sales
Miller Companys contribution format income statement for the most recent month is shown below:
1. What is the revised net operating income if unit sales increase by 20%?
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 18%?
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 4%?
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 8%?
Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (32,000 units) Variable expenses Contribution margin Fixed expenses Net operating income % 288,000 192,000 96,000 47,000 $49,0e0 9.00 6.00 3.00 Required Consider each case independently) 1. what is the revised net operating income if unit sales increase by 20%? 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 18%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 4%? 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 8%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income
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