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Miller Company's contribution format income statement for the most recent month is shown below: Total $ 246,000 123,000 123,000 47,000 $ 76,000 Per Unit $
Miller Company's contribution format income statement for the most recent month is shown below: Total $ 246,000 123,000 123,000 47,000 $ 76,000 Per Unit $ 6.00 3.00 $ 3.00 Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 16%? 2. 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 3. 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 3%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 13%? 15%? 1. Net operating income 2. Net operating income 3. Net operating incomo 4. Net operating income Whirly Corporation's contribution format income statement for the most recent month is shown below: Total $ 237,000 150, 100 86,900 55,900 $ 31,000 Per Unit $ 30.00 19.00 $ 11.00 Sales (7,900 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 100 units? 2. What would be the revised net operating income per month if the sales volume decreases by 100 units? 3. What would be the revised net operating income per month if the sales volume is 6,900 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
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