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Miller Companys most recent contribution format income statement is shown below: Total Per Unit Sales (32,000 units) $320,000 $10.00 Variable expenses 224,000 7.00 Contribution margin
Miller Companys most recent contribution format income statement is shown below:
Total | Per Unit | ||
Sales (32,000 units) | $320,000 | $10.00 | |
Variable expenses | 224,000 | 7.00 | |
Contribution margin | 96,000 | $3.00 | |
Fixed expenses | 43,000 | ||
Net operating income | $ 53,000 | ||
1. The number of units sold increases by 19%.
2. The selling price decreases by $1.20 per unit, and the number of units sold increases by 21%.
3. The selling price increases by $1.20 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 2%.
4. The selling price increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 6%.
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