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Exercise 5-13 (Algo) Changes in Selling Price, Unit Sales, Variable Cost per Unit, and Total...

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Accounting

Exercise 5-13 (Algo) Changes in Selling Price, Unit Sales, Variable Cost per Unit, and Total Fixed Costs [LO52, LO5-3, LO57] Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (22,200 units) $ 199,800 $ 9.00 Variable expenses 119,880 5.40 Contribution margin 79,920 $ 3.60 Fixed expenses 46,620 Net operating income $ 33,300 Required: (Consider each of the four requirements independently): Assume the sales volume increases by 3,552 units: What is the revised net operating income? What is the percent increase in unit sales? Using the most recent months degree of operating leverage, what is the percent increase in net operating income? What is the revised net operating income if the se

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