Situation 1. Net Operating Income | ||
Units Sales increase by 17% | ||
Total | Per Unit | |
Sales 40950 Units | 245700 | 6 |
Variable Expenses | 122850 | 3 |
Contribution Margin | 122850 | 3 |
Fixed Expenses | 45000 | |
Operating Income | 77850 |
Situation 2. Net Operating Income | ||
Selling Price decrease by 1.30 Per unit , and sales units increase by 22% | ||
Total | Per Unit | |
Sales 42700 Units | 200690 | 4.7 |
Variable Expenses | 128100 | 3 |
Contribution Margin | 72590 | 1.7 |
Fixed Expenses | 45000 | |
Operating Income | 27590 |
Situation 3. Net Operating Income | ||
Selling Price Increase by 1.30 Per unit , Fixed Expenses increase by 6000 and sales units decrease by 7% | ||
Total | Per Unit | |
Sales 32550 Units | 237615 | 7.3 |
Variable Expenses | 97650 | 3 |
Contribution Margin | 139965 | 4.3 |
Fixed Expenses | 51000 | |
Operating Income | 88965 |
Situation 4. Net Operating Income | ||
Selling Price increase by 10% , variable exp. Increase by 20 cents and sales units sold decrease by 10% | ||
Total | Per Unit | |
Sales 31500 Units | 207900 | 6.6 |
Variable Expenses | 100800 | 3.2 |
Contribution Margin | 107100 | 3.4 |
Fixed Expenses | 45000 | |
Operating Income | 62100 |
Miller Company's contribution format income statement for the most recent month is shown below: Sales (35,000...
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 $ 245,000 140, eee 105,000 50,000 $ 55,000 Per Unit $ 7.60 4.00 $ 3.00 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 $1.20 per unit and the...
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 (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 (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 (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 (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: 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: 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 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...