FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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In the table below, fill in the missing amounts for the 4 companies. Each case is independent of the others. Assume that only one product is being sold by each company.
Company A | Company B | Company C | Company D | |
Units sold | 600 | ? | ? | 900 |
Sales in dollars | $30,000 | $70,000 | $240,000 | ? |
Total variable expenses | $7,200 | ? | ? | $144,000 |
Per unit C/M | ? | $80 | $270 | $140 |
Total fixed expenses | $20,000 | $50,000 | $145,000 | ? |
Net Operating income (loss) | ? | $6,000 | ($10,000) | ($24,000) |
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- Do no provide answer in image formatarrow_forwardWe sell two products: Product #1 Product #2 Total Sales $200,000 $400,000 $600,000| Variable Expenses 120,000 350,000 470,000 Contribution Margin 80,000 50,000 130,000 CM Ratio 40% 12.5% 21.67% Fixed Expenses total $30,000. What is the breakeven point based on the current sales mix? A. $600,000 B. $75,000 C. $138,440 D. $240,000 4.arrow_forwardPlease do not give solution in image format thankuarrow_forward
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