Question: need solution 2 Book int rences Exercise 4-13 Missing Data; Basic Cost-Volume-Profit Concepts [LO1, LO2] Fill in the missing amounts in each of the eight
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2 Book int rences Exercise 4-13 Missing Data; Basic Cost-Volume-Profit Concepts [LO1, LO2] 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 a compute the missing items.) Required: a. Assume that only one product is being sold in each of the following four case situations: Case #1+ Case #2 Case #3 Case #4 18,900 12,600 7,560 Unit sold Sales 378,000 226,800 $ 151,200 63,000 88,200 Variable expenses 126,000 Fixed expenses S (12,000) Operating income (loss) 15,120 S 13 S Contribution margin per unit falle mino four case situations (Enter "Contribution margin ratio in $ 126,000 40,320 10,080 S 10 $ $ 120.000 378,000 Variable expenses Fixed expenses 65,200 40,320 125,000 Operating income (loss) $ Contribution margin per unit 10,000 $ 10 $ 15.120 $ (12,000) 13 $ ook t erces b. Assume that more than one product is being sold in each of the following four case situations: (Enter "Contribution margin ratio" in percent. Round your final answers to the nearest whole dollar amount.) Case #2 Case #3 Case #1 526,000 $ Case 84 $ Sales Variable expenses Fixed expenses 8,300 Operating income (loss) 20% Average contribution margin (percentage) 220,800 $ 151,200 63,000 $ $ 426.000 276,900 105,500 S S 626,000 438,200 137,800 27,800 $ (4,200) 60%
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