Question

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 of the four following case situations (For all requirements, Loss amounts should be indicated by a minus sign.) 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: Case #2 Case #3 20,800 270,400 228,800 Case #4 4,700 159,800 $ $ $ $ Case #1 8,400 218,400 100,800 93,000 7,800 14 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per units 382,800 132,000 109,000 81,800 10 84 000 $ (19500) s $ $ $ $ 175,400 13 Required B >

Answer 1

Units Sold Sales Variabble Expenses Fixed Expenses Net Operating income (loss Contribution Margin per unit CASE 1 CASE 2 CASE 3 CASE 4 8400 13200 20800 47001 218400 382800499200 159800 100800 132000 228800 89300 93000 169000 95000 84000 24600 81800 175400 -13500 14 13 15 19

Case Calculations Question Formula 1 Net Operating income (loss (Sales - Variable Cost - Fixed Cost) 1 Contribution Margin per ul (Sales - Variable Cost)/Units sold 2 Units Sold ( Sales - Varaible Cost)/CM ppre unit 2 Variabble Expenses (Sales - Fixed Cost-operating Income) 3 Sales (Variable Cost+Fised cost+operating income) 3 Fixed Expenses (Units *CM Per unit)-Operating income 4 Variabble Expenses (Sales +operating loss-Fixed cost 4 Contribution Margin per ul (Sales - Variable Cost) /Units sold Answer 24600 14 13200 132000 499200 95000 89300 15