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poease shownwork! Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO2-1, LO2-4) Miller Company's contribution format

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Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO2-1, LO2-4) Miller Company's contribution format income statement for the most recent month is shown below: 38 Sales (32,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 224.ee 128,00 96, eea 43.ee $ 53, see Per Unit $ 7.00 4.80 $ 3.00 Required: (Consider each case independently: 15%? 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling pride decreases by $1.40 per unit and the number of units sold increases by 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 9%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

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