Required A Required B *....... Assume that more than one product is being sold in each of the four following case situations: (Loss amounts sho minus sign. ............ Case #1 Case #2 Case #3 Case #4 Sales 2$ 452,000 204,000 2$ 303,000 Variable expenses 136,680 81,810 Fixed expenses 54,000 465,000 Net operating income (loss) 83,880 120,150 $ (810) Contribution margin ratio (percent) 44 % % 83 %
Required A Required B *....... Assume that more than one product is being sold in each of the four following case situations: (Loss amounts sho minus sign. ............ Case #1 Case #2 Case #3 Case #4 Sales 2$ 452,000 204,000 2$ 303,000 Variable expenses 136,680 81,810 Fixed expenses 54,000 465,000 Net operating income (loss) 83,880 120,150 $ (810) Contribution margin ratio (percent) 44 % % 83 %
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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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 indicated by a
minus sign.)
Case #1
Case #2
Case #3
Case #4
Sales
2$
452,000
2$
204,000
2$
303,000
Variable expenses
136,680
81,810
Fixed expenses
54,000
465,000
Net operating income (loss)
2$
83,880
120,150
$
(810)
Contribution margin ratio (percent)
44 %
%
83 %
%
< Required A
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.)
Case #1
Case #2
Case #3
Case #4
Unit sold
8,000
20,100
5,600
Sales
2$
256,000
$
316,800
$
196,000
Variable expenses
120,000
180,900
Fixed expenses
90,000
98,000
173,000
Net operating income (loss)
(1,400) S
135,100 $
5,200
Contribution margin per unit
13 $
11
Required B >
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