Ch 5

Download Document
Showing pages : 1 - 3 of 27
This preview has blurred sections. Sign up to view the full version! View Full Document
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 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