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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%

 

Cost Accounting, Accounting

  • Category:- Cost Accounting
  • Reference No.:- M92636037

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