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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
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.) Case 1 Case 2 Case 3 Case 4 Units sold Sales 8,300 0,900 5,500 $ Variable expenses 265,600 $ 383,600 116,200 $ 176,000 178,100 292,600 Contribution margin 205,500 Fixed expenses 91,000 175,000 89,000 Net operating income (loss) $ Contribution margin per unit $ 30,500 $ 15 $ 60,300 $ (12,000)
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