Fill up the missing amounts in each of the eight case situations below. Each case is independent of the others.
Requirement 1: Assume that only one product is being sold in each of the four following case situations:
|
|
Case #1
|
Case #2
|
Case #3
|
Case#4
|
|
Units Sold
|
9,200
|
|
20,600
|
5,800
|
|
Sales
|
$266,800
|
$284,000
|
$
|
$168,200
|
|
Variable Expenses
|
165,600
|
|
309,000
|
|
|
Contribution Margin
|
101,200
|
113,600
|
144,200
|
63,800
|
|
Fixed expenses
|
88,000
|
165,000
|
|
91,000
|
|
Net Operating Income(loss)
|
|
(51,400)
|
50,200
|
(27,200)
|
|
Contribution Margin per Unit
|
$
|
$8
|
$7
|
$
|
Requirement 2: Assume that more than one product is being sold in each of the four following cast situations.
|
|
Case #1
|
Case #2
|
Case #3
|
Case#4
|
|
Sales
|
$440,000
|
$201,000
|
$
|
$293,000
|
|
Variable Expenses
|
|
138,690
|
|
96,690
|
|
Contribution Margin
|
189,200
|
62,310
|
539,600
|
196,310
|
|
Fixed expenses
|
|
55,000
|
470,000
|
|
|
Net Operating Income(loss)
|
$71,200
|
$
|
$69,600
|
$(30,690)
|
|
Average Contribution Margin
(Percent)
|
43%
|
%
|
76%
|
%
|