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 indicat minus sign.) Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 444,000 48,840 36 % $ Case 2 192,000 119,040 61,000 % $ Case 3 469,000 113,200 82 % $ $ Case 4 301,000 81,270 3,730 %
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 indicat minus sign.) Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 444,000 48,840 36 % $ Case 2 192,000 119,040 61,000 % $ Case 3 469,000 113,200 82 % $ $ Case 4 301,000 81,270 3,730 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text: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 only one product is being sold in each of the four following case situations: (Loss amounts should be indicated
by a minus sign.)
Units sold
Sales
Variable expenses
Fixed expenses
Net operating income (loss)
Contribution margin per unit
$
Case 1
Case 2
9,400
300,800 $ 406,000
131,600
96,000
$
$
174,000
116,000 $
20 $
Case 3
19,200
172,800
213,000
15
Case 4
4,000
$ 108,000
$
72,000
(36,000)
Transcribed Image Text: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 indicat
minus sign.)
Sales
Variable expenses
Fixed expenses
Net operating income (loss)
Contribution margin ratio (percent)
$
$
Case 1
444,000
48,840
36 %
$
Case 2
192,000
119,040
61,000
%
$
Case 3
469,000
113,200
82 %
$
$
Case 4
301,000
81,270
3,730
%
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