Question
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
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:
Required A
| Case #1 | Case #2 | Case #3 | Case #4 |
Unit sold | 9,200 | 168,346 | 19,000 | 4,400 |
Sales | 248,400 |
|
| 149,600 |
Variable expenses | 156,400 |
|
|
|
Fixed expenses | 82,000 |
|
|
|
Net operating income (loss) |
|
|
|
|
Contribution margin per unit |
|
|
|
|
Required B
| Case #1 | Case #2 | Case #3 | Case #4 |
Sales | 442,000 | 201,000 |
| $302,000 |
Variable expenses |
| 130,650 |
| 87,580 |
Fixed expenses |
| 58,000 | 471,000 |
|
Net operating income (loss) | 53,380 |
| 78,120 | $(3,580) |
Contribution margin ratio (percent) | 39% |
| 78% | % |
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