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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 8,000 19,000 5,500 Sales $ 240,000 $ 303,600 $ 137,500 Variable expenses 144,000 171,000 Contribution margin 96,000 Fixed expenses 81,000 169,000 86,000 Net operating income (loss) $ 15,000 $ Contribution margin per unit $ 12 $ 10,400 $ 13 $ 174,000 $ (31,000) 14 < Required A Required B >
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