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Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] Fill in the missing amounts in each of the eight case situations below. Each
Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. 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: Complete this question by entering your answers in the tabs below. Required A Required B 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.) Units sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit Case 1 Case 2 Case 3 Case 4 8,900 19,100 5,500 $ 249,200 $ 296,100 $ 170,500 169,100 229,200 96,000 179,000 79,000 $ $ (9,800) $ 12 $ 126,100 $ (13,000) 11 Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. 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: Complete this question by entering your answers in the tabs below. Required A 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 2 Case 3 Case 4 Sales $ 448,000 $ 200,000 $ 297,000 Variable expenses 120,000 83,160 Fixed expenses 66,000 473,000 Net operating income (loss) $ 71,160 $ 89,950 $ (10,160) Contribution margin ratio (percent) 42 % % 81 % %
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