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.) Sales Variable expenses Fixed expenses Operating income (loss) Average contribution margin (percentage) $ $ Case #1 522,000 417,600 96,300 8,100 20% $ $ Case #2 422,000 274,300 105,500 42,200 35% $ Case #3 136,600 26,600 60% $ $ Case #4 622,000 435,400 191,600 (5,000) 30%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please help fill in the rest of the table on based on Cost-Volume-Profit relationship

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.)
Sales
Variable expenses
Fixed expenses
Operating income (loss)
Average contribution margin (percentage)
$
$
EA
Case #1
522,000 $
417,600
96,300
8,100 $
20%
Case #2
422,000
274,300
105,500
42,200 $
35%
Case #3
136,600
26.600
60%
$
69
$
Case #4
622,000
435,400
191,600
(5,000)
30%
Transcribed Image Text: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.) Sales Variable expenses Fixed expenses Operating income (loss) Average contribution margin (percentage) $ $ EA Case #1 522,000 $ 417,600 96,300 8,100 $ 20% Case #2 422,000 274,300 105,500 42,200 $ 35% Case #3 136,600 26.600 60% $ 69 $ Case #4 622,000 435,400 191,600 (5,000) 30%
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