Question
Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find
Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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 a minus sign.) Case #1 Case #2 Case #3 Case #4 Unit sold 8,300 20,100 5,500 Sales $ 265,600 $ 372,600 $ 165,000 Variable expenses 124,500 281,400 Fixed expenses 92,000 167,000 78,000 Net operating income (loss) $ Contribution margin per unit $ 26,200 $ 14 $ 27,600 $ (12,000) 6 Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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 more than one product is being sold in each of the four following case situations: (Loss amounts should be indi minus sign.) Case #1 Case #2 Case #3 Case #4 Sales $ 449,000 $ 206,000 $ 292,000 Variable expenses Fixed expenses Net operating income (loss) $ 61,110 Contribution margin ratio (percent) 39 %
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