Homework Answers
3.
| Miller Company | ||
| Contribution Income Statement | ||
| Total | Per Unit | |
| Sales ( 39,480 units ) | $402,696 | $10.20 |
| Variable expenses | $236,880 | $6.00 |
| Contribution margin | $165,816 | $4.20 |
| Fixed expenses | $54,000 | |
| Net operating Income | $111,816 |
Sales units = 42,000 - 6% = 39,480 units.
Selling price = $9 per unit + $1.20 per unit = $10.20 per
unit.
Fixed expenses = $47,000 + $7,000 = $54,000.
Variable expenses = $6 per unit ( it will remain the same as
before).
4.
| Miller Company | ||
| Contribution Income Statement | ||
| Total | Per Unit | |
| Sales ( 38,220 units ) | $412,776 | $10.80 |
| Variable expenses | $244,608 | $6.40 |
| Contribution margin | $168,168 | $4.40 |
| Fixed expenses | $47,000 | |
| Net operating Income | $121,168 |
Sales units = 42,000 units - 9% = 38,220 units.
Selling price per unit = $9 per unit + 20% = $10.80 per unit.
Variable expenses per unit = $6 + $0.40 = $6.40 per unit.
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