Miller Company’s 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 10%?

2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 16%?

3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $5,000, 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 20 cents per unit, and the number of units sold decreases by 15%?

 

CH6 Press F11 to exit full screen 1 Miller Company's contribution format income statement for the most recent month is shown below: 10 points Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating income eBook Required: Total $ 301,000 172,000 Per Unit 129,000 $ 7.00 4.00 $3.00 42,000 $ 87,000 Hint Print References (Consider each case independently): 1. What is the revised net operating Income if unit sales increase by 10%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold Increases by 16%? 3. What is the revised net operating income it the selling price increases by $1.20 per unit, fixed expenses increase by $5,000, 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 20 cents per unit, and the number of units sold decreases by 15% ? Mc Graw Hill 1. Net operating income 2. Net operating income 3. Net operating income 4 Net operating income Help Save & Exit Submit Check my work