Missing Data; Basic CVP Concepts [LO5-1, LO5-9] Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.
Required:
A. Assume that only one product is being sold in each of the four following case situations:
Case #1 Case #2 Case #3 Case #4
Unit sold 9,900 21,000 5,600
Sales 247500 389.200 $173,600
Variable expenses 168.300 294,000
Fixed expenses 97,000 174,000 77,000
Net operating income (loss) $34,500 124,000 (15,400)
Contribution margin per unit $15 $10
B. Assume that more than one product is being sold in each of the four following case situations:
Case #1 Case #2 Case #3 Case #4
Sales 450,000 203,000 292,000
Variable expenses 138,040 90,520
Fixed expenses 60,000 467,000
Net operating income (loss) 87,500 78,220 ($92,520)
Contribution margin per unit 45% 78%