35sComplete this question by entering your answers in the tabs below.Required A Required BAssume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minussign.)SalesVariable expensesContribution marginFixed expensesNet operating income (loss)Contribution margin ratio (percent)$$Case 1446,00089,70045 %$< Required ACase 2206,000133,90051,000%$Case 3470,00073,62077%Required B>$Case 4306,00076,500$ (1,500)% Complete this question by entering your answers in the tabs below.Required A Required BAssume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicatea minus sign.)Units soldSalesVariable expensesContribution marginFixed expensesNet operating income (loss)Contribution margin per unit$$Case 18,400243,600168,00075,60090,000Case 2$ 366,600$9 $Required A163,00034,400 $14 $Case 319,300173,700$186,200 $14Required BCase 45,500165,00080,000(25,000)

Required A Required B Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by sign.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 446,000 89,700 45 % $ < Required A Case 2 206,000 133,900 51,000 % $ Case 3 470,000 73,620 77% Required BS $ $ Case 4 306,000 76,500 (1,500) %

Required A Required B Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by sign.) Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ Case 1 446,000 89,700 45 % $ < Required A Case 2 206,000 133,900 51,000 % $ Case 3 470,000 73,620 77% Required BS $ $ Case 4 306,000 76,500 (1,500) %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. 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 case situations: Complete this question by entering your answers in the tabs below. Required A Required B Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Units sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ Case 1 10,000 340,000 $ 150,000 96,000 $ $ Case 2 364,500 172,000 57,500 $ 17 S Required A Case 3 19,300 270,200 $ 73,400 $ 8 Case 4 Required B > 5,700 165,300 73,000 (4,600)
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