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C O Not secure ezto.mheducation.com/hm.tpx Fill in the missing amounts in each o

ID: 2332237 • Letter: C

Question

C O Not secure ezto.mheducation.com/hm.tpx 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: 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 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 8,200 20,400 5,000 155,000 S 287,000 414,700 139,400 285,600 85,000 167,000 90,000 S 47,500 $7800(30,000) 15 S b. Assume that more than one product is being sold in each of the four following case situations Case #1 Case #2 Case #3 Case #4 Sales S 443,000S 197,000 120,170 53,000 $309,000 Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 83,430 465,000 S 82,920 $ 77,850 $ 2,570 44% 77% Type here to search

Explanation / Answer

1) Fill the missing amount :

Fiil the missing amount :

Case #1 Case #2 Case #3 Case #4 Unit sold 8200 14300 20400 5000 Sales 287000 414700 428400 155000 Variable expense 139400 200200 285600 95000 Fixed expense 85000 167000 95000 90000 Net operating income (loss) 62600 47500 47800 (30000) Contribution margin per unit 18 15 7 12