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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 indicated by a minus sign.) Case #1 Case #2 Case #3 Case #4 Unit sold 9,800 20,600 5,000 Sales $ $ 397,600 $ 170,000 245,000 186,200 185,400 Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin per unit 93,000 168,000 16,600 $ 13 $ 87,000 3,000 $ 163,200 $ S 12 Required A Required B > 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 by a minus sign.) Case #1 Case #3 Case #4 Sales $ 447,000 $ Case #2 200,000 136,000 $ 300,000 78,000 Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 57,000 475,000 $ $ $ 52,860 38 % 84,200 80 % (4,000) % %
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