Fill in the missing amounts in each of the eight case situations below. Each case is...
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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.) Units sold Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin per unit $ Case 1 8,600 249,400 $ 279,300 154,800 95,000 Case 2 $ $ 165,000 (45,300) $ 9 $ Case 3 20,900 313,500 Case 4 5,500 $ 187,000 52,300 $ 7 87,000 (4,500) 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.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) S S Case 1 450,000 43,000 36 % $ Case 2 191,000 126,060 62,000 % $ Case 3 475,000 74,840 79 % S S Case 4 291,000 72,750 (7,750) % 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.) Units sold Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin per unit $ Case 1 8,600 249,400 $ 279,300 154,800 95,000 Case 2 $ $ 165,000 (45,300) $ 9 $ Case 3 20,900 313,500 Case 4 5,500 $ 187,000 52,300 $ 7 87,000 (4,500) 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.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) S S Case 1 450,000 43,000 36 % $ Case 2 191,000 126,060 62,000 % $ Case 3 475,000 74,840 79 % S S Case 4 291,000 72,750 (7,750) %
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Question 1 To find the missing amount in the four cases the following shall be done Case 1 To calculate ... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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