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Miller Company's most recent income statement follows: Sales (25,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $250,000 50,000 200,000 72,000
Miller Company's most recent income statement follows: Sales (25,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net income Total $250,000 50,000 200,000 72,000 $128,000 Per Unit $ 10 2 $ 8 Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 30%, and the selling price decreases by $2.00. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales
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