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Miller Company's most recent income statement follows: Sales (11,000 units) Less: Variable expenses Total $242,000 132,000 Per Unit $22 12 Contribution margin 110,000 $10 Less:

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Miller Company's most recent income statement follows: Sales (11,000 units) Less: Variable expenses Total $242,000 132,000 Per Unit $22 12 Contribution margin 110,000 $10 Less: Fixed expenses 49,000 Net income $ 61,000 Required: 1. Prepare a new income statement if the sales volume increases by 10%, and the selling price decreases by $3.00. (Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales Type here to search ote d

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