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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.) Case 1 Case 2 Case 3 Case 4 Units sold Sales $ Variable expenses 9,100 236,600 $ 127,400 20,500 426,300 $ 4,500 148,500 205,000 Fixed expenses +85,000 167,000 79,000 Net operating income (loss) $ Contribution margin per unit $ 82,900 $ 17 $ 174,500 $ (20,500) 13 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 $ 452,000 $ 207,000 $ 306,000 Variable expenses Fixed expenses Net operating income (loss) $ 48,720 Contribution margin ratio (percent) 36 % 134,550 100,980 58,000 472,000 S 53,160 $ (12,980) % 76 % %
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