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Miller Company's most recent income statement follows Total $224,000 128,000 Per Unit $14 Sales (16,000 units) Less: Variable expenses Contribution margin 96,000 Less: Fixed expenses
Miller Company's most recent income statement follows Total $224,000 128,000 Per Unit $14 Sales (16,000 units) Less: Variable expenses Contribution margin 96,000 Less: Fixed expenses 39,000 Net income $ 57,000 Required: 1. Prepare a new income statement if the sales volume increases by 30%, and the selling price decreases by $3.00 (Round "Per Unit" answers to 2 decimal places.) Total Per Unit 2. Prepare a new income statement if the selling price decreases by $3.0 per unit and the sales volume increases by 25%. (Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 3. Prepare a new income statement if the selling price increases by $10 per unit fixed expenses increase by $7,000, and the sales volume decreases by 5%. (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 20 cents per unit, and the sales volume decreases by 25%. (Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales
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