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Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (35,000 units) $ 280,000 $ 8.00 Variable

Miller Companys contribution format income statement for the most recent month is shown below:

Total Per Unit
Sales (35,000 units) $ 280,000 $ 8.00
Variable expenses 175,000 5.00
Contribution margin 105,000 $ 3.00
Fixed expenses 41,000
Net operating income $ 64,000

Required:

(Consider each case independently):

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 $1.40 per unit and the number of units sold increases by 17%?

3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $9,000, 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 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 11%? image text in transcribed

1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

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