Fill in the missing amounts in each of the eight case situations below.Required: A. Assume that only one product is being sold in each of the four following case situations: Case Units Sales Variable Contribution Margin Fixed Net Operating Sold Expenses Per Unit Expenses Income Loss 1 15,000 $180,000 $120,000 $4 $50,000 $__2 4,000 $100,000 $60,000 $10 $32,000 $8,0003 10,000 $ $70,000 $13 $_ $12,0004 $6,000 $300,000 $210,000 $15 $100,00 $(10,000)B. Assume that more than one product is being sold in each of the four following case situations:Case Sales Variable Average Contribution Fixed Net Operating Expenses Margin Ratio Expenses income (Loss)1 $500,000 $ 20% $ $7,0002 $400,000 $260,000 35% $100,000 $40,0003 $ $ 60% $130,000 $20,0004 $600,000 $420,000 _% $____ $(5,000)

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jepessoa jepessoa · Answer 1 · 2020-06-25T04:24:52+02:00

Answer:

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 15,000 4,000 10,000 6,000

Sales 180,000 100,000 $200,000 300,000

Var. expenses 120,000 $60,000 70,000 $210,000

Fixed expenses 50,000 32,000 $118,000 100,000

Net income $10,000 8,000 12,000 (10,000)

Contribution $4 10 13 $15

margin per unit

contribution margin per unit = sales price per unit - variable costs per unit

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 500,000 400,000 $250,000 600,000

Var. expenses $400,000 260,000 $100,000 420,000

Fixed expenses $93,000 100,000 130,000 $185,000

Net income 7,000 $40,000 20,000 (5,000)

Contribution 20% 35% 60% 30%

margin ratio (percent)

contribution margin ratio = (sales revenue - variable costs) / sales revenue