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

Chegg Study - Question: Miller Company's Most Recent Income Statement Follows Total... 511 100 120.000 S8 70 000 157000 1. futai Her trus 2. Prepate a new income statement in the saling price decreases by 536 per unit and the sales volume increases by 25% (Round "Per Unit" answers to 2 decimal places) Total Per Unit Sales 2. Prepare a new income statement of the selling price decreases by 33 per unit and the sales volume Increases by 25% (Round "Pernitanwers to 2 decimal places.) Total Per Unit Sales 3. Prepare a new income statement if the selling price increases by 51 per unit, fed expenses increase by 57000, and the sales volume decreases by 5 Round Unit 2 decimal place! Total Pet Une 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 "Pe tinit swers to 2 decimal places.) Total Per Unit Sales