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Complete this question by entering your answers in the tabs below. Required A Required B Assume that only one product is being sold in each of the four following case situations: Case 2 Units sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ Case 1 8,100 218,700 $ 145,800 93,000 $ S 391,500 178,000 38,000 $ 16 $ Case 3 20,500 225,500 $ 195,000 $ 14 Case 4 6,000 204,000 74,000 34,000

Complete this question by entering your answers in the tabs below. Required A Required B Assume that only one product is being sold in each of the four following case situations: Case 2 Units sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ Case 1 8,100 218,700 $ 145,800 93,000 $ S 391,500 178,000 38,000 $ 16 $ Case 3 20,500 225,500 $ 195,000 $ 14 Case 4 6,000 204,000 74,000 34,000

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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h7

Fill in the missing amounts in each of the eight cases 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 compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one product is being sold in each of the four following case situations: Complete this question by entering your answers in the tabs below. Required A Required B Assume that only one product is being sold in each of the four following case situations: Case 1 Case 2 Case 3 Case 4 Units sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ 8,100 218,700 $ 145,800 93,000 $ S 391,500 178,000 38,000 $ 16 $ Required A 20,500 225,500 $ 195,000 $ 14 Required B > 6,000 204,000 74,000 34,000
Transcribed Image Text:Fill in the missing amounts in each of the eight cases 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 compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one product is being sold in each of the four following case situations: Complete this question by entering your answers in the tabs below. Required A Required B Assume that only one product is being sold in each of the four following case situations: Case 1 Case 2 Case 3 Case 4 Units sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ 8,100 218,700 $ 145,800 93,000 $ S 391,500 178,000 38,000 $ 16 $ Required A 20,500 225,500 $ 195,000 $ 14 Required B > 6,000 204,000 74,000 34,000
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