Answer
--Requirement asked: Requirement A
Case #1 | Case #2 | Case #3 | Case #4 | |
Units sold | 8,600 | 13,500 | 19,000 | 4,600 |
Sales | $275,200 | $297,000 | $380,000 | $115,000 |
variable expenses | $120,400 | $189,000 | $247,000 | $69,000 |
Fixed expenses | $88,000 | $180,000 | $90,000 | $83,000 |
Net Operating income (loss) | $66,800 | ($72,000) | $43,000 | ($37,000) |
Contribution margin per unit | $18.00 | $8.00 | $7.00 | $10.00 |
--Working calculation
Case #1 | Case #2 | Case #3 | Case #4 | |
Units sold | 8600 | =+(297000-189000)/8 | 19000 | 4600 |
Sales | 275200 | 297000 | =247000+(19000*7) | 115000 |
variable expenses | 120400 | =297000-180000-(-72000) | 247000 | =115000-83000-(-37000) |
Fixed expenses | 88000 | 180000 | =+(19000*7)-43000 | 83000 |
Net Operating income (loss) | =275200-120400-88000 | -72000 | 43000 | -37000 |
Contribution margin per unit | =+(275200-120400)/8600 | 8 | 7 | =+(115000-69000)/4600 |
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 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 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 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.) Assume that only one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Case #4 Unit sold 8,700 20,700 5,700 Sales...
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 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...
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 independent of the others. (F to find the missing amounts would be to prepare a contribution format income statement for each case, enter th 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 of the four following...
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 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...