Question

dont Assume that only one product is being sold in each of the following situations (fill in the missing information). Dont
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Fill missing amount

Case 1 Case 2
Unit sold 5000 25000
Sales 400000 175000
variable expense (80-35)*5000 = 225000 112500
Fixed expense 100000 92500
Net income (loss) 75000 -30000
Contribution margin per unit 35 62500/25000 = 2.50
Add a comment
Know the answer?
Add Answer to:
dont Assume that only one product is being sold in each of the following situations (fill...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • a. Assume that more than one product is being sold in each of the following situations...

    a. Assume that more than one product is being sold in each of the following situations (fill in the missing information). Answers should not include commas, for negative numbers use ") Case 2 Sales 000'0zzs Variable Expenses 005LEES Fixed Expenses 000SLS Net Operating Income (Loss) Contribution Margin Ratio % %59 (percent) Question 17 of 18 A Moving to another question will save this response.

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 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...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution...

  • Fill in the missing amounts in each of the eight case situations below. Each case is...

    Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: Case #2 Case # 3 20,300 Case #1 8,600 223,600 129,000 98,000...

  • EXERCISE 5-11 Missing Data; Basic CVP Concepts L05-10.LO5-9 Fill in the missing amounts in each of...

    EXERCISE 5-11 Missing Data; Basic CVP Concepts L05-10.LO5-9 Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for cach case, enter the known data, and then compute the missing items.) a. Assume that only one product is being sold in each of the four following case situations: Contribution Margin per Unit Net...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT