Homework Answers
Calculate missing amount
| Sales revenue | Variable expense | Contribution margin | Fixed expense | Net income | Break even sales revenue | |
| 1. | 83000*100/20 = 415000 | 83000 | 415000*80% = 332000 | 66400 | 265600 | 83000 |
| 2. | 150000 | 150000-33000 = 117000 | 33000 | 33000 | 0 | 150000 |
| 3. | 126000+210000 = 336000 | 126000 | 210000 | 210000-160000 = 50000 | 160000 | 50000/.625 = 80000 |
| 4 | 55000 | 11000 | 55000-11000 = 44000 | 44000-19300 = 24700 | 19300 | 24700/0.80 = 30875 |
1) Contribution margin ratio = 66400/83000 = 80%
Variable expense = 100-80 = 20%
2) Contribution margin ratio = 33000/150000 = 22%
Fixed expense = 150000*22% = 33000
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Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do...
Please show all work Fill in the missing data for each of the following independent cases....
Please show all work
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do Not Found Intermed! calculations.) Break Even Revenue enses $ 83,000 66.400 Il Revenue $ 83,000 150,000 160,000 150.000 33,000 210,000 126,000 11,000 55,000 9.300
Please show all work Fill in the missing data for each of the following independent cases....
Please show all work
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do Not Found Intermed! calculations.) Break Even Revenue enses $ 83,000 66.400 Il Revenue $ 83,000 150,000 160,000 150.000 33,000 210,000 126,000 11,000 55,000 9.300
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) Fill...
Fill in the missing data for each of the following independent
cases. (Ignore income taxes.)
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 1. $ 96,000 76,800 $ 96,000 215,000 215,000 46,000 270,000 180,000 10,000 210,000 20,600 50,000
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.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 1. $88,000 66,000 $88,000 2. 175,000 38,000 175,000 3. 160,000 240,000 180,000 4. 50,000 14,000 19,800
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
Help Save & Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Che Fill...
Help Save & Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Che 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"" wherever required.) Skoped Sales Revenue Variable danse Total Contribution Margin Fixed Expenses Not Income B reak Even Sales Revenue S 83 000 150 000 66,4001 33,000 210.000 3.000 150.000 126 000 11.000 55.000 160 000 19,300
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.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue $ 100,000 235,000 - $ 100,000 75,000 235,000 50,000 300,000 220,000 150,000 12,500 + 50,000 21,000
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. Total Sales Revenue Variable Expenses Fixed Expenses Contribution Margin Break Even Sales Net Income $ 97,000 77,600 97.000 220,000 220,000 47.000 345,000 138,000 15,000 190,000 20,700 60,000
Supply the missing data in the following cases. Each case is independent of the others. (Leave...
Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter "O" wherever required.) Case 2 4 Direct materials $ 4,700$6,200S 5,200$ 3,200 4,200 9,200 Direct labour 3,200 7,200 5,200 18,700 2,700 Manufacturing overhead Total manufacturing costs Beginning work-in-process invento Ending work-in-process inventory Cost of goods manufactured Sales 4,200 20,200 3,200 4,200 1,200 14,500 22,000 2,700 3,100 18,200 30,000 1,200 40,200 2,200 17,900 36,200 Beginning finished goods...
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
Please show all work
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do Not Found Intermed! calculations.) Break Even Revenue enses $ 83,000 66.400 Il Revenue $ 83,000 150,000 160,000 150.000 33,000 210,000 126,000 11,000 55,000 9.300
Please show all work
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do Not Found Intermed! calculations.) Break Even Revenue enses $ 83,000 66.400 Il Revenue $ 83,000 150,000 160,000 150.000 33,000 210,000 126,000 11,000 55,000 9.300
Fill in the missing data for each of the following independent
cases. (Ignore income taxes.)
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 1. $ 96,000 76,800 $ 96,000 215,000 215,000 46,000 270,000 180,000 10,000 210,000 20,600 50,000
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
Help Save & Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Che 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"" wherever required.) Skoped Sales Revenue Variable danse Total Contribution Margin Fixed Expenses Not Income B reak Even Sales Revenue S 83 000 150 000 66,4001 33,000 210.000 3.000 150.000 126 000 11.000 55.000 160 000 19,300
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.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue $ 100,000 235,000 - $ 100,000 75,000 235,000 50,000 300,000 220,000 150,000 12,500 + 50,000 21,000
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. Total Sales Revenue Variable Expenses Fixed Expenses Contribution Margin Break Even Sales Net Income $ 97,000 77,600 97.000 220,000 220,000 47.000 345,000 138,000 15,000 190,000 20,700 60,000
Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter "O" wherever required.) Case 2 4 Direct materials $ 4,700$6,200S 5,200$ 3,200 4,200 9,200 Direct labour 3,200 7,200 5,200 18,700 2,700 Manufacturing overhead Total manufacturing costs Beginning work-in-process invento Ending work-in-process inventory Cost of goods manufactured Sales 4,200 20,200 3,200 4,200 1,200 14,500 22,000 2,700 3,100 18,200 30,000 1,200 40,200 2,200 17,900 36,200 Beginning finished goods...
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