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

	Total			Per Unit
Sales (34,000 units)	$	340,000		$	10.00
Variable expenses		238,000			7.00
Contribution margin		102,000		$	3.00
Fixed expenses		46,000
Net operating income	$	56,000

Required:

(Consider each case independently):

1. What is the revised net operating income if unit sales increase by 15%?

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 18%?

3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, 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 30 cents per unit, and the number of units sold decreases by 8%?

3. What is the revised net operating income if the selling price number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price unit, and the number of units sold decreases by 8%? Answer is complete but not entirely correct. Net operating $71,300 S 14,216 $ 82,660 69,736 1. income 2. Net operating 3. Net operating 4. Net operating income income K Pre