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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 9,300 21,000 5,200 $ 269,700 $ 296,100 $ 145,600 120,900 210,000 81,000 177,000 85,000 $ (64,200) $ 139,000 $ (17,400) $ 8 $ 11 < Required A Required B > 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 $ 460,000 $ 193,000 $ 292,000 Variable expenses 117,730 78,840. Fixed expenses 51,000 474,000 Net operating income (loss). $ 48,600 $ Contribution margin ratio (percent) 36 % % 48,000 www.75% $ (10,840) %
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