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Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9] Fill in the missing amounts in each of the eight case situations below. Each case
Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9] 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.) Unit sold Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin per unit Case #1 Case #2 Case #3 Case #4 $ 8,400 252,000 $ 19,000 5,300 316,800 $ 164,300 168,000 209,000 98,000 165,000 80,000 $ $ (6,600) $ 12 $ 98,000 $ (500) 10 Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, L06-9] 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. ces 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.) Sales Variable expenses $ Case #1 459,000 Case #2 Case #3 Case #4 $ 196,000 $ 295,000 129,360 82,600 Contribution margin Fixed expenses 68,000 469,000 Net operating income (loss) 65,010 $ 69,060 $ (19,600) Contribution margin ratio (percent) 39 % % 76 % %
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