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:
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Wesel:37r- Case #4 -1
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Unit sold
Sales
Variable expenses
Fixed expenses
Net operating income (loss)
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8,000
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20.700
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4.500
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272,000 144,000
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$ 326,400
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248.400
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S 144.000
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88,000
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182,000
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85.000
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1,200
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$ 75.600
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S (17.500)
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Contribution margin per unit
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12
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$ 8
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b. Assume that more than one product is being sold in each of the four following case situations:
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Case #1
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Case #2
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Case #31.
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Case 4.
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Sales
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$ 446.000
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$ 202.000
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$ 299.000
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Variable expenses
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121.200
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77.740
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Fixed expenses
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58.000
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469.000
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Net operating income (loss)
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$ 58.480
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$ 31.630
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$ 1.230
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Contribution margin ratio (percent)
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38%
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79%
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