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Miller Company's most recent contribution format income statement is shown below: TotalPer Unit Sales (39,000 units) Variable expenses 351,000 $9.00 234,000 6.00 117,000 $3.00 Contribution
Miller Company's most recent contribution format income statement is shown below: TotalPer Unit Sales (39,000 units) Variable expenses 351,000 $9.00 234,000 6.00 117,000 $3.00 Contribution margin Fixed expenses 50,000 Net operating income $ 67,000 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.) 1. The number of units sold increases by 13%. Miller Company Contribution Income Statement Total Per Unit 2. The selling price decreases by $1.50 per unit, and the number of units sold increases by 16%. Miller Company Contribution Income Statement Total Per Unit 3. The selling price increases by $1.50 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 5%. Miller Company Contribution Income Statement Total Per Unit 4. The selling price increases by 20%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 5%. Miller Company Contribution Income Statement Total Per Unit
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