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Find the missing figures for each of the independent cases shown below
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)
Expert Solution
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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