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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 #1 516,000 103,200 405,000 Case #2 $ 416,000 270,400 104,000 41,600 $ 35% 7,800 $ 20% Case #3 134,800 24,800 60% $ $ Case #4 616,000 431,200 180,200 (4,600) 30%

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 #1 516,000 103,200 405,000 Case #2 $ 416,000 270,400 104,000 41,600 $ 35% 7,800 $ 20% Case #3 134,800 24,800 60% $ $ Case #4 616,000 431,200 180,200 (4,600) 30%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Rahul 

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 Case #2 516,000 $ 416,000 103,200 270,400 405,000 104,000 41,600 $ 35% 7,800 $ 20% Case #3 $ 134,800 24,800 $ 60% Case #4 616,000 431,200 180,200 (4,600) 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) $ $ Case #1 Case #2 516,000 $ 416,000 103,200 270,400 405,000 104,000 41,600 $ 35% 7,800 $ 20% Case #3 $ 134,800 24,800 $ 60% Case #4 616,000 431,200 180,200 (4,600) 30%
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