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 BAssume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicatedby a minus sign.)Units soldSalesVariable expensesFixed expensesNet operating income (loss)Contribution margin per unit$Case 1Case 29,400300,800 $ 406,000131,60096,000$$174,000116,000 $20 $Case 319,200172,800213,00015Case 44,000$ 108,000$72,000(36,000) Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.Required:a. Assume that only one product is being sold in each of the four following case situations:b. Assume that more than one product is being sold in each of the four following case situations:Complete this question by entering your answers in the tabs below.Required A Required BAssume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicatminus sign.)SalesVariable expensesFixed expensesNet operating income (loss)Contribution margin ratio (percent)$$Case 1444,00048,84036 %$Case 2192,000119,04061,000%$Case 3469,000113,20082 %$$Case 4301,00081,2703,730%

The net operating income and contribution margin per unit have been computed below:The formulas used…

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 %

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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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 Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 452,000 59,280 39 % Case 2 199,000 121,390 59,000 % Case 3 474,000 51,920 76 % $ Case 4 305,000 82,350 $ (10,350)
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What is true in explaining ABC analysis? This process divides items into three classes according to their inventory level Class A items normally have the least dollar usages Class B and class C account for most of inventory items but not dollar usages Class C accounts for the largest dollar usage of any class Which one of the following is a reason to have small inventories? To improve customer service To reduce ordering costs To reduce equipment setup costs To reduce interest expense or opportunity costs
May i know the correct answers for both of it
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Requirements Dialog content starts 1. Allocate revenue from the sale of each unit of Dynamic Duo to Smarty and Sublime using the following: a. The stand-alone revenue-allocation method based on selling price of each product b. The incremental revenue-allocation method, with Smarty ranked as the primary product c. The incremental revenue-allocation method, with Sublime ranked as the primary product d. The Shapley value method 2. Of the four methods in requirement 1, which one would you recommend for allocating Paris's revenues to Smarty and Sublime? Explain.
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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 indicat a minus sign.) Units sold Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin per unit Required A Required B Sales Variable expenses Contribution margin $ Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 8,000 216,000 $ 160,000 56,000 92,000 (36,000) $ 7 $ $ $ Case 2 Case 1 454,000 323,400 65.600 174,000 (12,300) $ 11 $ Assume that more than one product is being sold in each of…
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