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Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (31,000 units) $217,000 $7.00 Variable expenses 124,000
Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (31,000 units) $217,000 $7.00 Variable expenses 124,000 4.00 Contribution margin 93,000 $3.00 Fixed expenses 41,000 Net operating income $52,000 Required: (Consider each case independently): What is the revised net operating income if unit sales increase by 14% ? What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 20% ? What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $5,000, and the number of units sold decreases by 4% ? What is the revised net operating income
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