Question #4-13

Question #4-12

Chapter 4 CostVolumeProfit Relationships EXERCISE -13 Missing Data Base Cost-Volume-Profit Concepts ILOILO Fill in the missing amounts in each of the eight case situations below. Each case is independent of the other (Hint: One way to find the missing amounts is to prepare a contribution format income statement for each case enter the known data, and then compute the missing items) Asume that only one product is being sold in each of the following four case situations Variable Expenses Contribution Margin per Unii Fixed Expenses Operating Income (10) Case Sold Sales 15.000 $120,000 SIROXO SIKO S 50 $ 32,000 510 513 $ 70,000 10,000 O 58.000 $ 12,000 S(10,000) S100,000 S100,000 Assume that more than one product is being sold in each of the following four case situations Variable Expenses Average Contribution Margin (percentage) Fixed Expenses Operating Income (Loss) Case Sales 2014 $ 7.000 $500,000 $100.000 S2 $200,000 60 $100,000 $130,000 S000,000 $120,000 $20,000 $(5,000) EXERCISE 4-14 Break Even and Target Profit Analysis (1.03, L04, LOS, 106) Mentech Company is the exclusive distributor of a high-speed computer memory chip. The product wils for 50 per unit and has a CM ratio of 30%. The company's fixed expenses are $240.000 per year. Required: Salement LOLLO Castro armato BU ROSE Total Permit Son Fisad e s... Required Prepare a new contribution format income statement under each of the following conditions conside cach case independently L The number of units sold increases by 30% 2 The selling price decreases by S1 per unit, and the number of units sold increases by 205 The selling price increases by si permit fixed expenses increase by $20,000, and the number units sold decreases by 10 4 Variable expenses increase by cents per unit, the selling price increases by 155. and the o s sold decreases by 155