Assume that only one product is being sold in each of the following four case situations: Case
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Question:
Assume that only one product is being sold in each of the following four case situations:
Case | Units Sold | Sales | Variable Expenses | Contribution Margin per Unit | Fixed Expenses | Operating Income (Loss) |
| 15,000 | $180,000 | $120,000 | ? | $ 50.000 |
|
| ? | $100,000 | ? | $10 | $ 32.000 | 8.000 |
3 | 10,000 | ? | $ 70.000 | $13 |
| $ 12,000 |
4 | 6,000 | $300.000 | ? |
| $100,000 | $ (10,000) |
b. Assume that more than one product is being sold in each of the following four case situations:
Case | Sales | Variable Expenses | Average Contribution Margin (percentage) | Fixed Expenses | Operating Income (Loss) |
| $500,000 | $ ? | 20% | $ ? | $ 7.000 |
2 | $400,000 | $ 260,000 | ? | $ 100,000 | ? |
3 | ? | ? | 60% | $ 130,000 | $ 20,000 |
4 | $600,000 | $ 420,000 | ? | ? | $ (5,000) |
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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