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9 Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] 10 points Fill in the missing amounts in each of the eight case situations
9 Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] 10 points 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.) Skipped 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: eBook Complete this question by entering your answers in the tabs below. Hint Required A Required B Print 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.) References Case #1 Case #2 Case #3 Case #4 Unit sold 8,400 20,400 5,300 Sales $ 260,400 $ 423,400 $ 137,800 168,000 265,200 80,000 177,000 87,000 Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ 42,000 $ 101,600 $ (28,700) $ 15 $ 9 9 Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts (LO5-1, LO5-9) 10 points 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.) Skipped 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: eBook Complete this question by entering your answers in the tabs below. Hint Required A Required B Print 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.) References Case #3 Case #1 445,000 Sales $ $ $ Case #2 207,000 132,480 70,000 Case #4 303,000 81,810 Variable expenses Fixed expenses 466,000 75,310 $ $ $ 4,190 Net operating income (loss) Contribution margin ratio (percent) 62,000 40% % 77%
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