Homework inchUrl=http. a Saved 9 Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one product is being sold in each of the four following case situations: ints eBook Complete this question by entering your answers in the tabs below. Hint Print Required A Required B References Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Case #2 Case #3 20,700 Case 4 5,100 $ 163,200 348,400 Case 1 8.800 $ 264,000 $ 105,000 84,000 $ Unit sold Sales Variable expenses Fixed expenses Net operating income (oss) Contribution margin per unit 269,100 178,000 36,400 $ 16 $ 79,000 (7.600) 96 300 $ $ 9 Bound Saved 9 Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one product is being sold in each of the four following case situations: oints eBook Complete this question by entering your answers in the tabs below. Hint Required A References Required B Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign. Case 1 Case Sales 453,000 $ 192,000 $ 292,000 Variable expenses 117.120 78,540 Fixed expenses 61,000 474,000 Net operating income (s) $ 45.000 90,000 5 (11.840) 30 Contribution margin ratio (percent) Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $55,200? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $75,000 per month and there is change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Regalo Regs Reg 3B Reg 1 Reg 4 Reg 3A Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin 10 oints Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $55, 200? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $75.000 per month and there is change in fixed expenses, by how much would you expect monthly net operating income to increase? eBook Print References Complete this question by entering your answers in the tabs below. Regu Reg 1 Reg 2 Reg 38 Reg 4 Reg 5 Reg 3A How many units would have to be sold och month to attain a target profit of $55,2007 Units sales needed to attain target profil statement at the target sales level. compute the company's margin of safety in both dollar and percentage terms 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $75,000 change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Book Req 1 Reg 2 Req 3A Print Reg 3B Req 4 Reg 5 eferences What is the company's CM ratio? If the company can sell more units thereby increasing sales by $75,000 per month ance is no change in fixed expenses, by how much would you expect monthly net operating income to increase? 96 CM ratio Net operating income increases by Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $55,200? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $75,000 per month and there is change in fixed expenses, by how much would you expect monthly net operating income to increase? ook erences Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 38 Reg 3B Reg 4 Reg 5 Req 3A How many units would have to be sold och month to attain a target profit of $55,2002 Units sales needed to attain target profit
