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Ans 1 | Computation of net operating income | |||||
sales | 32000*117%*7 | 262080 | ||||
Variable cost | 32000*4*117% | 149760 | ||||
Contribution margin | 112320 | |||||
Fixed expenses | 42000 | |||||
Operating income | 70320 | |||||
ans = | 70320 | |||||
Ans 2 | Computation of net operating income | |||||
sales | 32000*123%*(7-1.3) | 224352 | ||||
Variable cost | 32000*4*123% | 157440 | ||||
Contribution margin | 66912 | |||||
Fixed expenses | 42000 | |||||
Operating income | 24912 | |||||
ans = | 24912 | |||||
Ans 3 | Computation of net operating income | |||||
sales | 32000*92%*(7-1.3) | 167808 | ||||
Variable cost | 32000*4*92% | 117760 | ||||
Contribution margin | 50048 | |||||
Fixed expenses | 42000+6000 | 48000 | ||||
Operating income | 2048 | |||||
ans = | 2048 | |||||
Ans 4 | Computation of net operating income | |||||
sales | 32000*87%*(7*120%) | 233856 | ||||
Variable cost | 32000*(4+0.2)*87% | 116928 | ||||
Contribution margin | 116928 | |||||
Fixed expenses | 42000 | 42000 | ||||
Operating income | 74928 | |||||
ans = | 74928 |
Miller Company's contribution format income statement for the most recent month is shown below: $ Sales...
Miller Company's contribution format income statement for the most recent month is shown below: $ Sales (32,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total 224.000 128.000 96.000 42.000 54.000 Per Unit $ 7.00 4.00 $ 3.00 $ Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 17%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (40,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 280,000 160,000 120,000 41,000 $ 79,000 Per Unit $ 7.00 4.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 18%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (44,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 352,000 220,000 132,000 46,000 $ 86,000 Per Unit $ 8.00 5.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 17%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (44,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 264,000 132,000 132,000 40,000 $ 92,000 Per Unit $6.00 3.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 301,000 172,000 129,000 49,000 $ 80,000 Per Unit $ 7.00 4.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (35,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 210,000 105,000 105,000 45,000 $ 60,000 Per Unit $ 6.00 3.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 17%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $238,000 136, 000 102, 000 47,000 $ 55,000 Per Unit $7.00 4.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of...
Miller Company's contribution format income statement for the most recent month is shown below: Total $ 351,000 234,000 Sales (39,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $ 9.00 6.00 $ 3.00 117,000 41,000 $ 76,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 18%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number...
Miller Company’s contribution format income statement for the most recent month is shown below: TotalPer UnitSales (36,000 units)$216,000$6.00Variable expenses108,0003.00Contribution margin108,000$3.00Fixed expenses49,000Net operating income$59,000 Required:(Consider each case independently): 1. What is the revised net operating income if unit sales increase by 20%?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 22%?3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses...
Miller Company’s contribution format income statement for the
most recent month is shown below:
Total
Per Unit
Sales (36,000 units)
$
216,000
$
6.00
Variable expenses
108,000
3.00
Contribution margin
108,000
$
3.00
Fixed expenses
44,000
Net operating income
$
64,000
Required:
(Consider each case independently):
1. What is the revised net operating income if unit sales
increase by 18%?
2. What is the revised net operating income if the selling price
decreases by $1.30 per unit and the number...