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Miller Company's most recent income statement follows: Sales (10,000 units) Per Unit $28 Total $280,000 Less: Variable expenses 170,000 17 110,000 $11 Less: Fixed
Miller Company's most recent income statement follows: Sales (10,000 units) Per Unit $28 Total $280,000 Less: Variable expenses 170,000 17 110,000 $11 Less: Fixed expenses Net income 23,000 $ 87,000 Contribution margin Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 15%, and the selling price decreases by $2.00. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales Total Per Unit
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