Case 1 Case 2 Case 3 Case 4 Determine missing amounts: Sales Revenue * $ 95,000...
| Case 1 | Case 2 | Case 3 | Case 4 | ||||||
| Determine missing amounts: | |||||||||
| Sales Revenue | * | $ 95,000 | * | $ 160,000 | |||||
| Variable Expenses | $ 140,000 | $ 19,000 | $ 80,000 | * | |||||
| Total Contribution Margin | $ 210,000 | * | * | $ 30,000 | |||||
| Fixed Expenses | $ 60,000 | * | $ 60,000 | * | |||||
| Net Income | $ 150,000 | $ 41,000 | * | * | |||||
| Break-Even Sales Revenue | * | * | $ 80,000 | $ 160,000 | |||||
| * Amount missing in problem | |||||||||
Homework Answers
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Case 1
Case 2
Case 3
Case 4
Determine missing amounts:
Sales
Revenue
*
$ 95,000...
Break-Even and Contribution Margin Calculations Case 1 Case 2 ! Case 3 Case 4 $ 160,000...
Break-Even and Contribution Margin Calculations Case 1 Case 2 ! Case 3 Case 4 $ 160,000 $ $ 95,000 19,000 80,000 30,000 Determine missing amounts: Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue Amount missing in problem 140,000 210,000 60,000 150,000 60,000 41.000 80,000 $ 160,000 Hints: items to calculate below to solve the problems above Note- the hints below are not required to be completed to hand in the homework and the hints...
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do...
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 66,400 83,000 150,000 150,000 83,000 117,000 126,000 11,000 33,000 210,000 160,000 19,300 55,000
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...
Following are data from 4 separate companies. Supply the missing data in each independent case.
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case.Case ACase BCase CCase DUnit Sales1,000800Sales revenue$20,000$$60000Variable cost per unit$10$1$12$Contribution margin$$800$$Fixed Costs$7,000$$80,000$Net income$$500$$Unit contribution margin$$$$15Break-even point (units)4,0002,000Margin of safety (units)3001,000
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.) ht for each case, enter the known data, and thenina Required: a. Assume that only one product is being sold in each of the four following case situations: Unit sold...
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data...
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "O" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 91,000 72,800 $ 91,000 190,000 190,000 41,000 340,000 136,000 15,000 180,000 20,100 60,000
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. • Round unit contribution margin answers to two decimal places. • Use rounded unit contribution margin answers for subsequent computations. • Round UP break-even point units. Case C Case A 2,500 Case B 1,600 0X $ Case D ох ох $80,000 ох $240,000 Unit Sales Sales revenue Variable cost per unit Contribution margin Fixed Costs $20 $2 $24 $ ох $...
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in...
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case Case A Case B Case C Case D Unit Sales 800 4,500 0 x 1,000 $20,000 $ Sales revenue 800 x $ 15 x $60,000 $10 $3 $11 $ 5 x $800 $ 400 Variable cost per unit Contribution margin $ Fixed Costs Net income $ Unit contribution margin $ Break-even point (units) Margin of safety (units) 10,000 $9,000 $ 1,000...
Determine the missing amounts in each of the following independent cases. Case A Case B Case...
Determine the missing amounts in each of the following independent cases. Case A Case B Case C Beginning inventory, raw material $20,000 $15,000 Ending inventory, raw material 90,000 30,000 Purchases of raw material 100,000 85,000 Direct material 70,000 95,000 Direct labor 100,000 125,000 Manufacturing overhead 250,000 160,000 Total manufacturing costs 520,000 345,000 340,000 Beginning inventory, work in process 35,000 20,000 Ending inventory, work in process 35,000 5,000 Cost of goods manufactured 525,000 350,000 Beginning inventory, finished goods 50,000 40,000 Cost...
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...
Break-Even and Contribution Margin Calculations Case 1 Case 2 ! Case 3 Case 4 $ 160,000 $ $ 95,000 19,000 80,000 30,000 Determine missing amounts: Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue Amount missing in problem 140,000 210,000 60,000 150,000 60,000 41.000 80,000 $ 160,000 Hints: items to calculate below to solve the problems above Note- the hints below are not required to be completed to hand in the homework and the hints...
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 66,400 83,000 150,000 150,000 83,000 117,000 126,000 11,000 33,000 210,000 160,000 19,300 55,000
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...
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.) ht for each case, enter the known data, and thenina Required: a. Assume that only one product is being sold in each of the four following case situations: Unit sold...
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "O" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 91,000 72,800 $ 91,000 190,000 190,000 41,000 340,000 136,000 15,000 180,000 20,100 60,000
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. • Round unit contribution margin answers to two decimal places. • Use rounded unit contribution margin answers for subsequent computations. • Round UP break-even point units. Case C Case A 2,500 Case B 1,600 0X $ Case D ох ох $80,000 ох $240,000 Unit Sales Sales revenue Variable cost per unit Contribution margin Fixed Costs $20 $2 $24 $ ох $...
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case Case A Case B Case C Case D Unit Sales 800 4,500 0 x 1,000 $20,000 $ Sales revenue 800 x $ 15 x $60,000 $10 $3 $11 $ 5 x $800 $ 400 Variable cost per unit Contribution margin $ Fixed Costs Net income $ Unit contribution margin $ Break-even point (units) Margin of safety (units) 10,000 $9,000 $ 1,000...
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...
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