Company A Company B Company C Company D Units sold 600 ? 900 Sales in dollars $30,000 $70,000 $240,000 Total variable expenses $ 7,200 $144,000 140 Per unit C/M 80 $ $50,000 $ 6,000 $ $145,000 $ (10,000) 270 Total fixed expenses $20,000 Net operating income (loss) ? $ (24,000)

Company A Company B Company C Company D Units sold 600 ? 900 Sales in dollars $30,000 $70,000 $240,000 Total variable expenses $ 7,200 $144,000 140 Per unit C/M 80 $ $50,000 $ 6,000 $ $145,000 $ (10,000) 270 Total fixed expenses $20,000 Net operating income (loss) ? $ (24,000)

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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Question

LO 3.2Fill in the missing amounts for the four companies. Each case is independent of the others. Assume that only one product is being sold by each company.PA3.

Company A
Company B
Company C
Company D
Units sold
600
?
900
Sales in dollars
$30,000
$70,000
$240,000
Total variable expenses
$ 7,200
$144,000
140
Per unit C/M
80
$
$50,000
$ 6,000
$
$145,000
$ (10,000)
270
Total fixed expenses
$20,000
Net operating income (loss)
?
$ (24,000)

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