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Miller Company's most recent income statement follows: Sales (15,800 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $510,000 300,000 210,000 21,800

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Miller Company's most recent income statement follows: Sales (15,800 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $510,000 300,000 210,000 21,800 $189,000 Per Unit $ 34 20 $ 14 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 $1.00 intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 2. Prepare a new income statement if the selling price decreases by $20 per unit, and the sales volume increases by 10% (Do not round intermediate calculations. Round "Per Unith answers to 2 decimal places.) Total Per Unit Sales 3. Prepare a new income statement if the selling price increases by $20 per unit, fixed expenses increase by $5,000 and the sales volume decreases by 5%. (Do not round intermediate 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%, variable expenses increase by $0.30 per unit and the sales volume decreases by 30%. (Do not round Intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales

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