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) %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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 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 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)
%
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