Miller CompanyAc€?cs most recent contribution format income statement is shown below: Total Per U


Question Description:

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Miller CompanyAc€?cs most recent contribution format income statement is shown below: Total Per Unit Sales (33,000 units) $330,000 $10.00 Variable expenses 231,000 7.00 Contribution margin 99,000 $3.00 Fixed expenses 42,000 Net operating income $ 57,000 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.) 4. The selling price increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 14%. Miller Company Miller Company Miller Company Contribution Income Statement Contribution Income Statement Contribution Income Statement Total Per Unit Sales Variable expenses Contribution margin Fixed expenses Net operating income

Answer

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