Question: Exercise 5-11 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
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Exercise 5-11 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. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: Case #2 Case #3 19,600 Unit sold Case #4 5,200 166,400 $ Case #1 9,200 285,200 147,200 99,000 $ 351,000 $ Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 294,000 168,000 14,000 R 14 73,000 15,400 $ $ $ S 115,000 10
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