Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9] 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 mi sign.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 454,000 76,220 43 % $ < Required A Case 2 199,000 127,360 56,000 % $ Case 3 470,000 65,920 77 % Required B > $ $ Case 4 297,000 83,160 (8,160) %
Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9] 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 mi sign.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 454,000 76,220 43 % $ < Required A Case 2 199,000 127,360 56,000 % $ Case 3 470,000 65,920 77 % Required B > $ $ Case 4 297,000 83,160 (8,160) %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9]
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.)
Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating income (loss)
Contribution margin ratio (percent)
$
$
Case 1
454,000
76,220
43 %
$
< Required A
Case 2
199,000
127,360
56,000
%
$
Case 3
470,000
65,920
Required B
77%
>
$
Case 4
297,000
83,160
$ (8,160)
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F45ed2514-fed8-45a2-ab9a-32eaa1af202f%2F6b8aefd9-1329-45d9-af26-4c76e3a20734%2Fsylurdw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9]
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.)
Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating income (loss)
Contribution margin ratio (percent)
$
$
Case 1
454,000
76,220
43 %
$
< Required A
Case 2
199,000
127,360
56,000
%
$
Case 3
470,000
65,920
Required B
77%
>
$
Case 4
297,000
83,160
$ (8,160)
%
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