. 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 $1.30 per unit and the number of units sold increases by 17%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 6%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 7%? 1. net operatin income = 2. net operatin income = 3. net operatin income = 4. net operatin income =
Miller Company’s contribution format income statement for the most recent month is shown below:
| Total | Per Unit | |||||
| Sales (33,000 units) | $ | 297,000 | $ | 9.00 | ||
| Variable expenses | 198,000 | 6.00 | ||||
| Contribution margin | 99,000 | $ | 3.00 | |||
| Fixed expenses | 43,000 | |||||
| Net operating income | $ | 56,000 | ||||
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 $1.30 per unit and the number of units sold increases by 17%?
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 6%?
4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 7%?
1. net operatin income =
2. net operatin income =
3. net operatin income =
4. net operatin income =
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