Miller Company prepared CVP statement as below and decides to prepare graph portraying the cost...
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Miller Company prepared CVP statement as below and decides to prepare graph portraying the cost and revenue characteristics of its companys product and operations. Total Per Unit Sales (20,000 units) 300,000 $15.00 Variable expense 180,000 9.00 Contribution Margin 120,000 $6.00 Fixed expense 70,000 Net operating income $50,000 Explain how the lines on the graph and the break-even points would change if (1) the selling price decreases by $1.50 per unit (2) fixed cost increased by $20,000, and (3) variable c
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