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Business, 29.10.2019 00:31 leahstubbs

Miller company’s contribution format income statement for the most recent month is shown below: total per unit sales (37,000 units) $ 222,000 $ 6.00 variable expenses 111,000 3.00 contribution margin 111,000 $ 3.00 fixed expenses 41,000 net operating income $ 70,000 required: (consider each case independently): 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 price decreases by $1.30 per unit and the number of units sold increases by 19%? 3. what is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, 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 20 cents per unit, and the number of units sold decreases by 13%?

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