Exercise 4-13 Missing Data; Basic CVP Concepts [LO5-1, LO5-9) Fill in the missing amounts in...
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Exercise 4-13 Missing Data; Basic CVP Concepts [LO5-1, LO5-9) 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: Case #2 Case #3 19,200 Case #4 4,600 $ 138,000 $ 383,600 Case #1 9,600 326,400 163,200 83,000 l Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 249,600 87,000 (31,800) 177,000 55,900 $ 17 S s SS $ 115,000 10 Cs Scanned with CamScanner b. Assume that more than one product is being sold in each of the four following case situations: Case #1 Case #3 Case #4 457,000 $ $ 291,000 Case #2 201,000 136,680 51,000 98,940 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) - 466,000 132,400 50,520 $ (41,940) 36% 85% Dudes CamScanner
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