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 Sales Variable expenses Contribution margin Case 1 Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 8,000 $ 216,000 $ 323,400 160,000 56,000 92,000 $ (36,000) $ $ 7 $ $ Case 2 $ Case 1 454,000 174,000 (12,300) S 11 $ 65,600 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 indica sign.) 40 % Case 3 $ 19,400 Case 2 252,200 100,000 $ 10 198,000 138,600 62,000 $ % $ Case 4 4,100 139,400 78,000 (8,300) Case 3 469,000 119,470 83 % $ $ Case 4 305,000 85,400 (4,400) %
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 Sales Variable expenses Contribution margin Case 1 Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 8,000 $ 216,000 $ 323,400 160,000 56,000 92,000 $ (36,000) $ $ 7 $ $ Case 2 $ Case 1 454,000 174,000 (12,300) S 11 $ 65,600 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 indica sign.) 40 % Case 3 $ 19,400 Case 2 252,200 100,000 $ 10 198,000 138,600 62,000 $ % $ Case 4 4,100 139,400 78,000 (8,300) Case 3 469,000 119,470 83 % $ $ Case 4 305,000 85,400 (4,400) %
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter16: Manufacturing Accounting (mfg)
Section: Chapter Questions
Problem 2R
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