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Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one
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 Units sold 8,300 20,000 4,500 Sales S 257,300 $ 372,500 $ 112,500 Variable expenses 157,700 180,000 Fixed expenses 99,000 176,000 92,000 Net operating income (loss) S 32,600 $ 203,000 $ (56,000) Contribution margin per unit $ 14 S 14 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 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 1 Case 2 Case 3 Case 4 Sales $ 446,000 S 201,000 $ 301,000 Variable expenses 126.630 81,270 Fixed expenses 53,000 466,000 Net operating income (loss) $ Contribution margin ratio (percent) 64,400 40% $ 84.630 $ (14,270) % 79 % < Required A Required
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