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tmi e Miller Company's contribution format income statement for the most recent month is shown below. Sample exams -- 2020 Spring Tex Review 1 Spring

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tmi e Miller Company's contribution format income statement for the most recent month is shown below. Sample exams -- 2020 Spring Tex Review 1 Spring Sales (39,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 234,600 117.000 117,600 47,000 $ 70, eee Per Unit $6.ee Book 3.ee $ 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 $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 6%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 6%? 1. Net operating Income 2. Net operating income Net operating income 4. Net operating income $ $ $ $ 89,890 25,383 108,304 95,974

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