Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. 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 more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Case 1 Case 2 Case 3 Case 4 Sales $ 450,000 $ 202,000 $ Variable expenses Fixed expenses Net operating income (loss) $ 80,000 Contribution margin ratio (percent) 44 % 129,280 301,000 99,330 54,000 469,000 $ 113,200 $ (27,330) % 82 % %
Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9] Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. 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 more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Case 1 Case 2 Case 3 Case 4 Sales $ 450,000 $ 202,000 $ Variable expenses Fixed expenses Net operating income (loss) $ 80,000 Contribution margin ratio (percent) 44 % 129,280 301,000 99,330 54,000 469,000 $ 113,200 $ (27,330) % 82 % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9]
Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.
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 more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a
minus sign.)
Case 1
Case 2
Case 3
Case 4
Sales
$
450,000
$
202,000
$
301,000
Variable expenses
129,280
99,330
Fixed expenses
54,000
469,000
Net operating income (loss)
$
80,000
$
113,200
$
(27,330)
Contribution margin ratio (percent)
44 %
%
82%
%
< Required A
Required B >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fce9c3eae-2bfd-42c7-8dc7-d570901fe942%2F1173e9ed-95b8-40c3-9cc1-bfc11662c809%2Fwdgbf4_processed.png&w=3840&q=75)
Transcribed Image Text:Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9]
Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.
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 more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a
minus sign.)
Case 1
Case 2
Case 3
Case 4
Sales
$
450,000
$
202,000
$
301,000
Variable expenses
129,280
99,330
Fixed expenses
54,000
469,000
Net operating income (loss)
$
80,000
$
113,200
$
(27,330)
Contribution margin ratio (percent)
44 %
%
82%
%
< Required A
Required B >
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