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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:
Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9) 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 8,400 20,800 5,100 Sales $ 218,400 $ 290,000 $ 137,700 Variable expenses 134,400 249,600 Fixed expenses 81,000 169,000 83,000 Net operating income (loss) $ 3,000 $ (82,000) $ 179,400 $ (42,200) Contribution margin per unit $ $ 13 6 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 #3 Case #1 454,000 $ $ $ Case #2 197,000 124,110 65,000 Case #4 291,000 72,750 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 468,000 97,600 $ $ $ $ 49,980 37 % (7,750) % % 80 %Step by Step Solution
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