Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (37,000...

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Miller Company’s contribution format income statement for themost recent month is shown below:
Total Per Unit
Sales (37,000 units) $ 185,000 $ 5.00
Variable expenses 74,000 2.00
Contribution margin 111,000 $ 3.00
Fixed expenses 44,000
Net operating income $ 67,000
Miller Company’s contribution format income statement for themost recent month is shown below: Total Per Unit Sales (37,000units) $ 185,000 $ 5.00 Variable expenses 74,000 2.00 Contributionmargin 111,000 $ 3.00 Fixed expenses 44,000 Net operating income $67,000 Required: (Consider each case independently):
1. What is the revised net operating income if unit salesincrease by 13%?
2. What is the revised net operating income if the selling pricedecreases by $1.20 per unit and the number of units sold increasesby 18%?
3. What is the revised net operating income if the selling priceincreases by $1.20 per unit, fixed expenses increase by $7,000, andthe number of units sold decreases by 4%?
4. What is the revised net operating income if the selling priceper unit increases by 10%, variable expenses increase by 10 centsper unit, and the number of units sold decreases by 5%?

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1 Miller Company Contribution Income Statement Total Per Unit Sales 41810 units 209050 500 Variable expenses 83620 200 Contribution margin 125430 300 Fixed expenses 44000 Net operating income 81430 Number of units See Answer

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	Total		Per Unit
Sales (37,000 units)	$	185,000	$	5.00
Variable expenses		74,000		2.00
Contribution margin		111,000	$	3.00
Fixed expenses		44,000
Net operating income	$	67,000