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Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income. Total $ 272,000 170,000 Required: (Consider each case independently): 1. Net operating income 2. Net operating income 102,000 47,000 $ 55,000 3. Net operating income 4. Net operating income 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5%? 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 10%? Per Unit $ 8.00 5.00 $ 3.00 $ 74,380 $ 16,104 $ 89,120

Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income. Total $ 272,000 170,000 Required: (Consider each case independently): 1. Net operating income 2. Net operating income 102,000 47,000 $ 55,000 3. Net operating income 4. Net operating income 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5%? 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 10%? Per Unit $ 8.00 5.00 $ 3.00 $ 74,380 $ 16,104 $ 89,120

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Miller ompany s Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income - Required: (Consider each case independently): Total $ 272,000 170,000 1. Net operating income 2. Net operating income $ 3. Net operating income $ 4. Net operating income 102,000 47,000 $ 55,000 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5%? 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 10%? $ 74,380 16,104 89,120 Per Unit $ 8.00 5.00 $ 3.00 Prev 1 of 1 Next > Search
Transcribed Image Text:Miller ompany s Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income - Required: (Consider each case independently): Total $ 272,000 170,000 1. Net operating income 2. Net operating income $ 3. Net operating income $ 4. Net operating income 102,000 47,000 $ 55,000 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5%? 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 10%? $ 74,380 16,104 89,120 Per Unit $ 8.00 5.00 $ 3.00 Prev 1 of 1 Next > Search
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