Firms that hire outside consultants can reduce the impact of moral hazard by: a. hiring work on a fixed-fee basis b. monitoring the quality of the completed work c. hiring consultants with an established reputation for not shirking d. all of the above

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 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 15%.