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Miller Company's contribution format income statement for the most...

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Accounting

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Miller Company's contribution format income statement for the most recent month is shown below. Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 15% ? 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 24% ? 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%

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