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Category > Management Posted 17 Feb 2018 My Price 8.00

missing amounts

FiFillll in the missing amounts in each of the eight case situations below. Each case is independent of the others.

 

a.

Assume that only one product is being sold in each of the four following case situations:(Input all amounts as positive values except losses which should be indicated by a minus sign.)

 

  Case #1 Case #2 Case #3 Case #4
Units sold 8,900     19,400 4,600
 
Sales $ 249,200 $ 377,000   $ $ 156,400
Variable expenses 169,100     271,600  
 
Contribution margin $ 80,100 $ 232,000   $ 213,400 $ 73,600
Fixed expenses 80,000 175,000     81,000
 
Net operating income (Loss) $ $ 57,000   $ 136,400 $ (7,400)
 
Contribution margin per unit $ $ 16   $ 11 $
 

 

b.

Assume that more than one product is being sold in each of the four following case situations: (Input all amounts as positive values except losses which should be indicated by a minus sign.)

 

  Case #1 Case #2 Case #3 Case #4
Sales $ 459,000 $ 203,000 $ $ 300,000
Variable expenses   136,010   96,000
 
Contribution margin $ 160,650 $ 66,990 $ 544,440 $ 204,000
Fixed expenses   55,000 473,000  
 
Net operating income (loss) $ 49,650 $ $ 71,440 $ (20,000)
 
Contribution margin ratio (percent) 35 % % 78 % %
 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Feb 2018 08:02 PM My Price 8.00

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