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please answer all parts. Thanks! Miller Company's contribution format income statement for the most recent month is shown below: Score answer Sales (35,000 units) Variable
please answer all parts. Thanks!
Miller Company's contribution format income statement for the most recent month is shown below: Score answer Sales (35,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 324,000 216,000 108,000 47,000 $ 61,000 Per Unit $9.00 6.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 16%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 15%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 8%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 10%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating incomeStep by Step Solution
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