Question: Exercise 6-11 Missing Data; Basic CVP Concepts [LO6-1, L06-9) Fill in the missing amounts in each of the eight case situations below. Each case is
Exercise 6-11 Missing Data; Basic CVP Concepts [LO6-1, L06-9) 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. ances Required A Required B Assume that only one product is being sold in each of the four following case situations: Unit sold Sales Variable expenses Fixed expenses Net operating income (oss) Contribution margin per unit Case #1 Case #2 Case 3 Case 4 9.900 20,500 5,000 $ 306,900 $ 411,000 $ 155,000 138,600 266,500 92.000 173,000 82,000 $ 62.2005 77,000 $ (22.000) $ 16 5 Required >
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