Fill in the missing amounts in each of the eight case


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:

 

 

 

 

Wesel:37r- Case #4 -1

Unit sold

Sales

Variable expenses

Fixed expenses

Net operating income (loss)

 

8,000

 

20.700

4.500

 

272,000
144,000

$          326,400

248.400

S          144.000

 

88,000

182,000

 

85.000

 

 

1,200

$             75.600

S            (17.500)

Contribution margin per unit

 

12

$                      8

 

b.  Assume that more than one product is being sold in each of the four following case situations:

 

Case #1

Case #2

Case #31.

Case 4.

Sales

$ 446.000

$ 202.000

 

$ 299.000

Variable expenses

 

121.200

 

77.740

Fixed expenses

 

58.000

469.000

 

Net operating income (loss)

58.480

 

$   31.630

$ 1.230

Contribution margin ratio (percent)

38%

 

79%

 

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Cost Accounting: Fill in the missing amounts in each of the eight case
Reference No:- TGS02603181

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