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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. ( Hint: One way to
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.)
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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: #1 #2 e 84 Unit sold 9.500 19,000 1.800 Sales S 286,000305,800 S 124,800 42 500 98.000 171,000 179,000 3,000 Ficed expenses Net operating income (loss) Contribution margin per unit $ (67,800)9,00020,200) 15 Required B Required AReqired B Assume that more than one product is being sold in each of the four following case situations: #1 N2 S 203,000 136,010 62,000 e#3 e#4 300,000 5,000 Sales Variable expenses Fixed expenses Net operating income(loss) Contribution margin ratio (percent) 5458.000 S 474,000 57,300 5 78 940 3,000 43 % 771% 731%Step by Step Solution
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