Fill in the missing amounts in each of the four case situations below. Each case is independent of the others. Assume that only one product is being sold in each of the four following case situations: Case Units Sold Sales Variable Expenses Contribution Margin per Unit Fixed Expenses Net Income (Loss) 1 20,000 $ 220,00 $ 140,000 $ A $ 55,000 $ B 2 C 147,000 D 8 34,000 8,000 3 15,000 E 75,000 12 F 14,000 4 8,000 320,000 G H 110,000 (30,000)
Fill in the missing amounts in each of the four case situations below. Each case is independent of the others. Assume that only one product is being sold in each of the four following case situations: Case Units Sold Sales Variable Expenses Contribution Margin per Unit Fixed Expenses Net Income (Loss) 1 20,000 $ 220,00 $ 140,000 $ A $ 55,000 $ B 2 C 147,000 D 8 34,000 8,000 3 15,000 E 75,000 12 F 14,000 4 8,000 320,000 G H 110,000 (30,000)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Fill in the missing amounts in each of the four case situations below. Each case is independent of the others.
- Assume that only one product is being sold in each of the four following case situations:
|
Case |
Units Sold |
Sales |
Variable Expenses |
Contribution Margin per Unit |
Fixed Expenses |
Net Income (Loss) |
|
1 |
20,000 |
$ 220,00 |
$ 140,000 |
$ A |
$ 55,000 |
$ B |
|
2 |
C |
147,000 |
D |
8 |
34,000 |
8,000 |
|
3 |
15,000 |
E |
75,000 |
12 |
F |
14,000 |
|
4 |
8,000 |
320,000 |
G |
H |
110,000 |
(30,000) |
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