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Miller Companys most recent contribution format income statement is shown below: ...

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Accounting

Miller Companys most recent contribution format income statement is shown below:

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Sales (42,000 units) Variable expenses $294,000 $7.00 168,000 4.00 Contribution margin Fixed expenses 126,000 $3.00 9,000 Net operating income $77,000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.) I. The number of units sold increases by 19%. Miller Company Contribution Income Statement Total Per Unit

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