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Net Income Planning Selected operating data for Oakbrook Company in four independent situations are shown below. Fill in the blanks for each independent situation. A

Net Income Planning

Selected operating data for Oakbrook Company in four independent situations are shown below.

Fill in the blanks for each independent situation.

A B C D
Sales $350,000 Answer c. Answer e. $520,000
Variable expense Answer a. $111,000 Answer f. Answer g.
Fixed expense Answer b. $62,000 $53,200 $178,000
Net income (loss) before tax $25,000 $15,000 $28,800 $(22,000)
Units sold 30,000 Answer d.
Unit contribution margin $5.20 $7.00
Contribution margin ratio 0.4 Answer h.

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