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I am posting this question second time. So, please give proper and clear answers of this question. Exercise 4-13 Missing Data; Basic Cost-Volume-Profit Concepts (L01,
I am posting this question second time. So, please give proper and clear answers of this question.
Exercise 4-13 Missing Data; Basic Cost-Volume-Profit Concepts (L01, LO2) 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 following four case situations: Unit Sold Sales Variable expenses Fwd expenses Operating income cows) Contibution margin per un Case 1 Case 2 Case 3 Case 4 17.100 11.400 6.840 5 205,200 $ 114.000 $ 342.000 136,800 79.000 57.000 38.400 114 000 $ 0.120 S 13.000 $ (11 400) $ 10 $ 13 b. Assume that more than one product is being sold in each of the following four case situations: (Enter "Contribution margin ratio" in percent Round your final answers to the nearest whole dollar amount.) Case 1 Case #2 514.000 $ 414,000 Case 3 Case 4 $ 614,000 ment Saved Case #3 Unit sold 11.400 Case #4 6 840 $ 342,000 Case #1 Case #2 17.100 S 205,200 $ 114,000 136,800 57 000 36.480 S 9120 $ 10 s Sales Variable expenses Fored expenses Operating income (loss) Contribution margin per unit 79,800 114,000 (11.400) 13 680 $ 13 b. Assume that more than one product is being sold in each of the following four case situations: (Enter "Contribution margin rau percent. Round your final answers to the nearest whole dollar amount.) Case #3 Case #4 S Case #1 Case #2 $ 514,000 $ 414 000 269,100 103 500 $ 7,700 20% 614 000 429,800 Sales Variable expenses Faced expenses Operating income (loss) Average contribution margin (percentage) s 134 200 24 200 $ 60% (4000) Step by Step Solution
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