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Miller Company's most recent contribution format income statement is shown below Total Per Unit $310,000 $10.00 Sales (31.000 units) Variable expenses Contribution margin Fxed expenses
Miller Company's most recent contribution format income statement is shown below Total Per Unit $310,000 $10.00 Sales (31.000 units) Variable expenses Contribution margin Fxed expenses Net operating income 3.00 93,000 45,000 $48,000 Required Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.) I. The number of units sold increases by 17%. Miller Company Contribution Income Statement Total Per Unit 0.00 2. The selling price decreases by $1.40 per unit, and the number of units sold increases by 21%. Miller Company Total Per Unit 0.00
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