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Miller Company's most recent income statement follows: Sales (18,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $576,000 342,000 Sales 234,000
Miller Company's most recent income statement follows: Sales (18,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $576,000 342,000 Sales 234,000 43,000 $191,000 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 $4.00. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Per Unit $32 19 $13 Total Per Unit
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