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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 Unit sold 8,800 20,200 4,900 Sales $ 272,800 $ 361,800 $ 132,300 Variable expenses 167,200 303,000 Contribution margin Fixed expenses 88,000 169,000 79,000 Net operating income (loss) $ 17,800 $ 72,200 S 55,400 $ (34,900) Contribution margin per unit $ 12 $ 18 S < Required A Required B >
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