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Miller Company's contribution format income statement for the most recent month is shown below: Sales (36,000 unita) Variable expenses Contribution margin Fixed expenses Net operating
Miller Company's contribution format income statement for the most recent month is shown below: Sales (36,000 unita) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 288,000 180,000 108,000 44.000 $ 64,000 Per Unit $8.00 5.00 $3.00 Required: (Consider each case independentlys: 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 18%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, 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 30 cents per unit, and the number of units sold decreases by 7%? 1. Net operating income 2. Net operating income 3 Nacering income MacBook Pro Sales (36,000 units) Variable expenses Contribution margin Tixed expenses Net operating income Total $ 288,000 180,000 108,000 44,000 $ 64.000 Per Unit $8.00 5.00 $3.00 Required: 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 1997 3. What is the revised net operating income of the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, 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 30 cents per unit, and the number of units sold decreases by 7%? 1. Net operating income 2 Not operating income 3 Net operating income 4 Not operating income 000 E&O 3 X OP W ODOC MacBook Pro
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