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12/21/12 5:02 PM Assignment Print View Page 1 of 27 http://ezto.mhecloud.mcgraw-hill.com/hm_accounting.tpx?todo=printview Score: 60 out of 60 points (100%) 1. award: 10 out of 10.00 points Exercise 5-18 Missing Data; Basic CVP Concepts [LO1, LO9] 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: (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) Case #1 Case #2 Case #3 Case #4 Units sold 9,300 13,500 19,200 5,100 Sales $ 269,700 $ 378,000 $ 384,000 $ 173,400 Variable expenses 176,700 121,500 153,600 86,700 Contribution margin $ 93,000 $ 256,500 $ 230,400 $ 86,700 Fixed expenses 82,000 176,000 91,000 84,000 Net operating income (Loss) $ 11,000 $ 80,500 $ 139,400 $ 2,700 Contribution margin per unit $ 10 $ 19 $ 12 $ 17 b. Assume that more than one product is being sold in each of the four following case situations: (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" and "%" signs in your response.) Case #1 Case #2 Case #3 Case #4 Sales $ 441,000 $ 205,000 $ 699,000 $ 309,000 Variable expenses 269,010 123,000 132,810 86,520 Contribution margin $ 171,990 $ 82,000 $ 566,190 $ 222,480 Fixed expenses 111,000 52,000 467,000 219,000 Net operating income (loss) $ 60,990 $ 30,000 $ 99,190 $ 3,480 Contribution margin ratio (percent) 39 % 40 % 81 % 72 % 12/21/12 5:02 PM Assignment Print View Page 2 of 27 http://ezto.mhecloud.mcgraw-hill.com/hm_accounting.tpx?todo=printview Worksheet Learning Objective: 05-01 Explain how changes in activity affect contribution margin and net operating income. Exercise 5-18 Missing Data; Basic CVP Concepts [LO1, LO9] Learning Objective: 05-09 Compute the break-even point for a multiproduct company and explain the effects of shifts in the sales mix on contribution margin and the break-even point. Exercise 5-18 Missing Data; Basic CVP Concepts [LO1, LO9] 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: (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) Case #1 Case #2 Case #3 Case #4 Units sold 9,300 13,500 19,200 5,100 Sales $ 269,700 $ 378,000 $ 384,000 $ 173,400 Variable expenses 176,700 121,500 153,600 86,700 Contribution margin $ 93,000 $ 256,500 $ 230,400 $ 86,700 Fixed expenses 82,000 176,000 91,000 84,000 Net operating income (Loss) $ 11,000 $ 80,500 $ 139,400 $ 2,700 Contribution margin per unit $ 10 $ 19 $ 12 $ 17 b. Assume that more than one product is being sold in each of the four following case situations: (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit theamounts as positive values except losses which should be indicated by a minus sign.... View Full Document

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