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Miller Company's contribution format income statement for the most recent month is shown below: Sales...

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Accounting

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Miller Company's contribution format income statement for the most recent month is shown below: Sales (33,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 297,000 198,000 99,000 49,000 $ 50,000 Per Unit $ 9.00 6.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 14%? 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 $8,000, and the number of units sold decreases by 4%? 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 11%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income

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