{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T03:16:10-04:00", "answer_date": "2024-05-26 03:16:10", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1722975", "url": "\/study-help\/questions\/miller-companys-contribution-format-income-statement-for-the-sales-32000-1722975", "question_creation_date_js": "2024-05-26T03:16:10-04:00", "question_creation_date": "May 26, 2024 03:16 AM", "meta_title": "[Solved] Miller Company's contribution format inco | SolutionInn", "meta_description": "Answer of - Miller Company's contribution format income statement for the Sales (32,000 units) Total Per Unit $ 256,000 160,000 $ | SolutionInn", "meta_keywords": "miller,company,s,contribution,format,income,statement,sales,32,000,units,total,per", "question_title_h1": " Miller Company's contribution format income statement for the Sales (32,000 units) Total Per Unit $ 256,000 160,000 $ 8.00 5.00. 96,000 $3.00 Variable expenses", "question_title": " Miller Company's contribution format income statement for the Sales (32,000 units)", "question_title_for_js_snippet": "Miller Company's contribution format income statement for the Sales (32,000 units) Total Per Unit $ 256,000 160,000 $ 8 00 5 00 96,000 $3 00 Variable expenses Contribution margin Fixed expenses 49,000 Net operating income $ 47,000 Required (Consider each case independently) 1 What is the revised net operating income if unit sales increase by 11 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 20 3 What is the revised net operating income if the selling price increases by $1 40 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 2 4 What is the revised net operating income if the selling price per unit increases by 20 , variable expenses increase by 10 cents per unit, and the number of units sold decreases by 8 1 Net operating income 2 Net operating income 3 Net operating income 4 Net operating income", "question_description": "\"image", "transcribed_text": "Miller Company's contribution format income statement for the Sales (32,000 units) Total Per Unit $ 256,000 160,000 $ 8.00 5.00. 96,000 $3.00 Variable expenses Contribution margin Fixed expenses 49,000 Net operating income. $ 47,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11% ? 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 20%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 2% ? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 8%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income", "related_book": { "title": "Managerial Accounting", "isbn": "1259307417, 978-1260153132, 1260153134, 978-1259307416", "edition": "16th edition", "authors": "Ray Garrison, Eric Noreen, Peter Brewer", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1290.jpg", "uri": "\/textbooks\/managerial-accounting-16th-edition-1290", "see_more_uri": "\/textbooks\/business-development-economics-3408" }, "free_related_book": { "isbn": "0345368932", "uri": "\/textbooks\/all-the-weyrs-of-pern-1st-edition-9780345368935-9780345454058-95007", "name": "All The Weyrs Of Pern", "edition": "" }, "question_posted": "2024-05-26 03:16:10", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/glencoe-first-national-bank-operated-for-years-under-the-assumption", "description": "Glencoe First National Bank operated for years under the assumption that profitability can be increased by increasing dollar volumes. 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