Bharrat corporation purchased 34% of ferris corporation for $116,000 on january 1. on october 17 of the same year, ferris corporation declared total cash dividends of $28,000. at year-end, ferris corporation reported net income of $76,000. the balance in the bharrat's equity method investments—ferris account at december 31 should be

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%.