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Miller Companys most recent income statement follows: Miller Company's most recent Income statement follows: Per Unit $ 25 10 Sales (18, 080 units) Less: Variable
Miller Companys most recent income statement follows:
Miller Company's most recent Income statement follows: Per Unit $ 25 10 Sales (18, 080 units) Less: Variable expenses Contribution margin Less: Fixed expenses Total $450, eee 180,000 278, eee 77,088 $ 193,800 $ 15 Net income Consider each of the following cases Independently. ho Requlred: 1. Prepare a new Income statement of the sales volume Increases by 25%, and the selling price decreases by $3.00. (Do not round Intermedlate calculations. Round "Per Unlt" answers to 2 decimal places.). Per Unit Sales 2. Prepare a new Income statement If the selling price decreases by $3.0 per unit, and the sales volume Increases by 20%. (Do not round Intermediate calculations. Round "Per Unlt" answers to 2 decimal places.) Total Per Unit Sales 43 3. Prepare a new Income statement if the selling price Increases by $3.0 per unit, fixed expenses increase by $10,000 and the sales volume decreases by 5%. (Do not round Intermedlate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 4. Prepare a new Income statement if the selling price increases by 5%, varlable expenses Increase by $0.10 per unit and the sales volume decreases by 15% (Do not round Intermediate calculations. Round "Per Unlt" answers to 2 decimal places.) Total Per Unit Sales
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