Fill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being sold by each company:Company ACompany CCompany DCompany B700 ✓500 ✓Units SoldSales in DollarsTotal Variable ExpensesPer Unit C/MTotal Fixed ExpensesNet Operating Income (Loss)600$30,000$6,600$20,700$77,000$90$57,000$6,000$240,000$280$149,000$(9,000)900$135,000$160$(24,000)

Lets understand the basics. For solving this question, we need to understand below formula. Per unit…

Units Sold Sales in Dollars Total Variable Expenses Per Unit C/M Total Fixed Expenses Net Operating Income (Loss) Company A 600 $30,000 $6,600 $20,700 Company 700 $77,000 $90 $57,000 $6,000 500 $240,000 $280 $149,000 $(9,000) !סיים* 900 $135,000 $160 $(24,000)

Units Sold Sales in Dollars Total Variable Expenses Per Unit C/M Total Fixed Expenses Net Operating Income (Loss) Company A 600 $30,000 $6,600 $20,700 Company 700 $77,000 $90 $57,000 $6,000 500 $240,000 $280 $149,000 $(9,000) !סיים* 900 $135,000 $160 $(24,000)

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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Question

100%

Fill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being sold by each company:
Company A
Company C
Company D
Company B
700 ✓
500 ✓
Units Sold
Sales in Dollars
Total Variable Expenses
Per Unit C/M
Total Fixed Expenses
Net Operating Income (Loss)
600
$30,000
$6,600
$20,700
$77,000
$90
$57,000
$6,000
$240,000
$280
$149,000
$(9,000)
900
$135,000
$160
$(24,000)

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