Miller Company's most recent contribution format income statement is shown below:
| |
Total
|
Per Unit
|
|
| |
|
Sales (31,000 units)
|
$186,000
|
$6.00
|
|
| |
| |
|
Variable expenses
|
93,000
|
3
|
|
| |
| |
| |
|
Contribution margin
|
93,000
|
$3.00
|
|
| |
| |
|
Fixed expenses
|
43,000
|
|
|
| |
| |
|
Net operating income
|
$50,000
|
|
|
| |
| |
|
|
|
| |
|
|
|
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.)
1. The number of units sold increases by 11%.
2. The selling price decreases by $1.30 per unit, and the number of units sold increases by 23%.
3. The selling price increases by $1.30 per unit, fixed expenses increase by $5,000, and the number of units sold decreases by 6%.
4. The selling price increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 15%.