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Question $1$

Revisit Later

Miller Company's most recent contribution format income statement is shown below:

$\backslash$table$[[,$Total $($Rs$.)],[$Sales $(20,000$ units$),300,000],[$Less variable expenses,$180,000],[$Contribution margin,$120,000],[$Less fixed expenses,$70,000],[$Net Operating Profit,$50,000]]$

Using the above information, you are required to answer the following questions

What will be the Net Operating Profit if the selling price increases by Rs$.1\mathrm{.}50$ per unit, fixed expenses increase by Rs $20000$ and the sales volume decreases by $5\%?2.$ What is the break even revenue for the company? $3.$ What will be the net operating profit if the selling price increases by $12\%$ variable expenses increses by $80$ paisa per unit and the sales volume decreses by $10\%?4.$ What will be the net operating profit if the selling price decreases by $1\mathrm{.}5$ per unit the fixed cost increases by rs $10000$ and the sales volume increases by $25\%?5.$ What is the revenue yhat the company should target to achieve a profit increase of $60\%$ from current levels?