Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $5.00 2.00 $ 3.00 Sales (39,000 units) Variable expenses Contribution margin Fixed expenses Het operating income Required: (Consider each case independently): Total $ 195,000 78,000 1. What is the revised net operating income if unit sales increase by 16 % ? 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 23%7 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income 117,000 41,000 $ 76,000 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $5,000, 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 14%? .
Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $5.00 2.00 $ 3.00 Sales (39,000 units) Variable expenses Contribution margin Fixed expenses Het operating income Required: (Consider each case independently): Total $ 195,000 78,000 1. What is the revised net operating income if unit sales increase by 16 % ? 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 23%7 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income 117,000 41,000 $ 76,000 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $5,000, 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 14%? .
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Subject: acounting
![Miller Company's contribution format income statement for the most recent month is shown below:
Per Unit
$ 5.00
2.00
$ 3.00
Sales (39,000 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Required:
(Consider each case independently):
Total
$ 195,000
78,000
117,000
41.000
$ 76,000
1. What is the revised net operating income if unit sales increase by 16 % ?
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
23%7
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $5,000, 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 14%?
1. Net operating income
2: Net operating income
3. Net operating income
4. Net operating income](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc7fe5a73-45e4-4166-8ba1-50e355550dfc%2F414e870c-7d5b-4d4a-8b9e-8f75060f8e7b%2F32a2bnq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Miller Company's contribution format income statement for the most recent month is shown below:
Per Unit
$ 5.00
2.00
$ 3.00
Sales (39,000 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
Required:
(Consider each case independently):
Total
$ 195,000
78,000
117,000
41.000
$ 76,000
1. What is the revised net operating income if unit sales increase by 16 % ?
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
23%7
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $5,000, 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 14%?
1. Net operating income
2: Net operating income
3. Net operating income
4. Net operating income
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