Question: Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LOB-1, L05-9] Fill in the missing amounts in each of the eight case situations below. Each case
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Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LOB-1, L05-9] 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 only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Variable expenses 147,900 __ __l-li_ Required B > Fixed expenses Net operating income (loss) Contribution margin per unit 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 $ 458,000 $ 196,000 $ 299,000 Variable expenses 117,600 89,700 Fixed expenses 64,000 471,000 Net operating income (loss) $ 60,040 $ 85, 160 $ (15,700) Contribution margin ratio (percent) 38 % % 79 % % Required A Required B >
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