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Homework answers / question archive /  Find the missing figures for each of the independent cases shown below

 Find the missing figures for each of the independent cases shown below

Accounting

 Find the missing figures for each of the independent cases shown below. (Hint: reconstruct income statement for each scenario) Selling Variable price/unit Contribution costs/unit Units sold margin (total) Fixed costs 80 10,000 150,000 130,000 25 20 21,500 10 8 2,500 75 500 12,000 8,500 20 1.000 6,000 (1,000) (2,500) * (Round this answer to two decimal places)

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Income Statement

  Case 1 Case 2 Case 3 Case 4 Case 5
Sales

800,000

(10,000*$80)

107,500

(4,300*$25)

7,500

(750*$10)

25,500

(500*$51)

20,000

(1,000*$20)
Less: Variable cost

650,000

(10,000*$65)

86,000

(4,300*$20)

6,000

(750*$8)

37500

(500*$75)

16,500

(1,000*$16.5)
Contribution

150,000

(10,000*$15)

21,500

(4,300*5)

1,500

(750*$2)

12,000

(500*24)

3,500

(1,000*$3.5)
Less: Fixed Cost 130,000 21,500 2,500 8,500 6,000
Profit/(Loss) 20,000 0 (1,000) 3,500 (2,500)
Selling Price/unit Variable costs/unit Units sold Contribution Margin (Total) Fixed costs Profit (loss)

80

65

(80-15)

10,000

150,000

130,000

20,000

(150,000-130,000)

25

20

4,300

(21,500/5)

21,500

21,500

(21,500-0)

0

10

8

750

(1,500/2)

1,500

(-1,000+2,500)

2,500

(1,000)

51

(25,500/500)

75

500

12,000

8,500

3,500

(12,000-8,500)

20

16.5

(20-3.5)

1,000

3,500

(-2.500+6,000)

6,000

(2,500)

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