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Consider the following: (Click the icon to view the cases.) Requirement 1. Fill in the blanks for each of the independent cases. (a) Selling Price (b) Variable Cost (c) Total (d) (e) Total Contribution Total Fixed Case 1 £ 2 per Unit 22 10 per Unit Units Sold Margin Costs Net Income 127,000 £ 127,000 £ 59,000 3 22 4 31 23 5 10 4330 104,000 545,000 13 207,000 16,000 60,000 25,000 10 80,000 320,000 280,000

Consider the following: (Click the icon to view the cases.) Requirement 1. Fill in the blanks for each of the independent cases. (a) Selling Price (b) Variable Cost (c) Total (d) (e) Total Contribution Total Fixed Case 1 £ 2 per Unit 22 10 per Unit Units Sold Margin Costs Net Income 127,000 £ 127,000 £ 59,000 3 22 4 31 23 5 10 4330 104,000 545,000 13 207,000 16,000 60,000 25,000 10 80,000 320,000 280,000

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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Consider the following: (Click the icon to view the cases.) Requirement 1. Fill in the blanks for each of the independent cases. (a) Selling Price (b) Variable Cost (c) Total (d) (e) Total Contribution Total Fixed Case 1 £ 2 per Unit 22 10 per Unit Units Sold Margin Costs Net Income 127,000 £ 127,000 £ 59,000 3 22 4 31 23 5 10 4330 104,000 545,000 13 207,000 16,000 60,000 25,000 10 80,000 320,000 280,000
Transcribed Image Text:Consider the following: (Click the icon to view the cases.) Requirement 1. Fill in the blanks for each of the independent cases. (a) Selling Price (b) Variable Cost (c) Total (d) (e) Total Contribution Total Fixed Case 1 £ 2 per Unit 22 10 per Unit Units Sold Margin Costs Net Income 127,000 £ 127,000 £ 59,000 3 22 4 31 23 5 10 4330 104,000 545,000 13 207,000 16,000 60,000 25,000 10 80,000 320,000 280,000
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