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Exercise 5-11 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
Exercise 5-11 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. (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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: Case #2 Case #1 9,900 $ 287,100 138,600 95,000 $ Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 400,200 Case #3 Case #4 20,300 4,500 | $ 153,000 203,000 91,000 $ 132,300 $ (19,000) $ 111 $ $ 169,000 93,200 19 Exercise 5-11 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. (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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: Case #3 Case #1 454,000 $ $ $ Case #2 195,000 132,600 51,000 Case #4 307,000 85,960 85 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 1 465,000 91,000 80% $ $ $ 3,040 65,060 39% % %
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