Reference no: EM13974242

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%.