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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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