Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.
Required:
Assume that only one product is being sold in each of the four following case situations: (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.)
|
Case #1 |
Case #2 |
Case #3 |
Case #4 |
| Units sold |
9,000 |
|
20,000 |
5,000 |
|
|
|
|
|
| Sales |
$ 270,000 |
$ 350,000 |
$ |
$ 160,000 |
| Variable expenses |
162,000 |
|
280,000 |
|
|
|
|
|
|
| Contribution margin |
$ 108,000 |
$ 210,000 |
$ 120,000 |
$ 70,000 |
| Fixed expenses |
90,000 |
170,000 |
|
82,000 |
|
|
|
|
|
| Net operating income (loss) |
$ |
$ 40,000 |
$ 35,000 |
$ (12,000) |
|
|
|
|
|
| Contribution margin per unit |
$ |
$ 15 |
$ 6 |
$ |
|
|
|
|
|
|
b. Assume that more than one product is being sold in each of the four following case situations: (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" and "%" signs in your response.)
|
Case #1 |
Case #2 |
Case #3 |
Case #4 |
| Sales |
$ 450,000 |
$ 200,000 |
$ |
$ 300,000 |
| Variable expenses |
|
130,000 |
|
90,000 |
|
|
|
|
|
| Contribution margin |
$ 180,000 |
$ 70,000 |
$ 560,000 |
$ 210,000 |
| Fixed expenses |
|
60,000 |
470,000 |
|
|
|
|
|
|
| Net operating income (loss) |
$ 65,000 |
$ |
$ 90,000 |
$ (15,000) |
|
|
|
|
|
| Contribution margin ratio (percent) |
40 % |
% |
80 % |
% |