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Fill in the missing amounts in each of the eight case situations below

Management

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:

a. Assume that only one product is being sold in each of the four following case situations:?

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

situations:?

?

(For all requirements, Loss amounts should be indicated by a minus sign.)

?

Complete this question by entering your answers in the tabs below.

Assume that only one product is being sold in each of the four following case situations:

A Case #1 Case #2 Case #3 Case #4

Unit sold 8,700 19,400 5,300

Sales $243,600 $303,600 $143,100

Variable expenses 121,800 271,600

Fixed expenses 81,000 177,000 86,000

Net operating income (loss) $(5,400) $38,400 $(33,000)

Contribution margin per unit $13 $6

B Case #1 Case #2 Case #3 Case #4

Sales $458,000 $199,000 $296,000

Variable expenses 127,360 100,640

Units Sold

Fixed expenses 67,000 474,000

Net operating income (loss) $51,880 $106,440 $(27,640)

Contribution margin per unit 36% 84%

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A)

Particular Case 1 Case 2 Case 3 Case 4
Unit Sold 8700 13200 19400 5300
Sales 243600 303600 388000 143100
Variable expenses 121800 132000 271600 90100
Fixed expenses 81000 177000 78000 86000
Net operating income (loss) 40800 -5400 38400 -33000
Contribution margin per unit 14 13 6 10

Formula Sheet:

Particular Case 1 Case 2 Case 3 Case 4
Unit Sold 8700 =(303600-132000)/13 19400 5300
Sales 243600 303600 =271600+(19400*6) 143100
Variable expenses 121800 =303600-177000+5400 271600 =143100-86000+33000
Fixed expenses 81000 177000 =388000-271600-38400 86000
Net operating income (loss) =243600-121800-81000 -5400 38400 -33000
Contribution margin per unit =(243600-121800)/8700 13 6 =(143100-90100)/5300

 

B)

 

Particular Case 1 Case 2 Case 3 Case 4
Sales 458000 199000        6,91,000  296000
Variable expenses 293120 127360 110560 100640
Fixed expenses 113000 67000 474000 223000
Net operating income (loss) 51880 104640 106440 -27640
Contribution margin ratio (%) 36% 36% 84% 66%

Formula Sheet:

 

Particular Case 1 Case 2 Case 3 Case 4
Sales 458000 199000 =(474000+106440)/84% 296000
Variable expenses =458000*(1-36%) 127360 =691000-474000-106440 100640
Fixed expenses =458000-293120-51880 67000 474000 =296000-100640+27640
Net operating income (loss) 51880 =299000-127360-67000 106440 -27640
Contribution margin ratio (%) 0.36 =(199000-127360)/199000 0.84 =(296000-100640)/296000