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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 a minus sign.) Case 1 Case 2 Case 3 Case 4 Units sold 8,400 20,200 4,300 Sales $ 252,000 $ 342,500 $ 107,500 Variable expenses 100,800 222,200 Contribution margin Fixed expenses 82,000 165,000 80,000 Net operating income (loss) $ 13,100 $ 143,200 $ (41,300) Contribution margin per unit $ 13 $ 11 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. 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 sign.) Case 1 Case 2 Case 3 Case 4 Sales Variable expenses $ 452,000 $ 194,000 $ 308,000 126,100 80,080 Contribution margin Fixed expenses Net operating income (loss) $ 70,320 Contribution margin ratio (percent) 41 % 55,000 470,000 $ 79,120 $ (5,080) % 78 % < Required A Required B>
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