Fill in the missing amounts in each of the eight case situations below. Each case is independent
Question:
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 casesituations:
Transcribed Image Text:
Contribution Margin Net Operating Income Units Sold Sales Expenses per Unit Expenses Loss) 9,000 $270,000 $162,000 Variable Fixed Case $90,000 $15 $6 $350,000 $170,000 $40,000 $35,000 $82,000 $(12,000) $280,000 3 4 20,000 5,000 $160,000 Net Operating Income Average Contribution Margin Sales Expenses (Percent Expenses (Loss) 40% Variable Fixed Case $450,000 $200,000 $130,000 $65,000 $470,000 $90,000 ?$(15,000) 2 $60,000 80% 4 $300,000 $90,000
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a Case 1 Case 2 Number of units sold 9000 14000 Sales 270000 30 350000 25 Variable ex...View the full answer
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Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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