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The Basics of Cost-Volume-Profit (CVP) Analysis (show work pls and thanks!) Miller Company's contribution format income statement for the most recent month is shown below:
The Basics of Cost-Volume-Profit (CVP) Analysis (show work pls and thanks!)
Miller Company's contribution format income statement for the most recent month is shown below: Sales (44,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total S264, 000 132,000 132,000 45,000 $ 87,000 Per Unit S6.00 3.00 s 3.00 Required (Consider each case independently) 1-What is the revised net operating income if unit sales increase by 17%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 20%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $9,000, 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 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 12%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating incomeStep by Step Solution
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