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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.) Units sold Sales Variable expenses Case 1 Case 2 Case 3 Case 4 9,500 19,700 4,800 $ 332,500 $ 386,100 $ 158,400 171,000 236,400 Contribution margin Fixed expenses 96,000 164,000 75,000 Net operating income (loss) $ Contribution margin per unit S 36,200 $ 14 $ 66,600 $ (3,000) 8
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