Exercise 6-14 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. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) 1 Assume that only one product is being sold in each of the four following case situations: (Input all amounts as positive values except for Net operating loss which should be indicated by a minus sign. Omit the "$" sign in your response.) Case UnitsSold Sales VariableExpenses ContributionMarginper Unit FixedExpenses Net OperatingIncome(Loss)1 15,000 $180,000 $120,000 $4 $50,000 $ 2 4,000$100,000 $ 60,000$10 $32,000 $8,000 3 10,000 $ $70,000 $13 $ $12,000 4 6,000 $300,000 $ 210,000$15 $100,000 $(10,000) 1A Assume that more than one product is being sold in each of the four following case situations: (Input all amounts as positive values except for Net operating loss which should be indicated by a minus sign. Omit the "$" sign in your response.) Case Sales VariableExpenses FixedExpenses Net OperatingIncome(Loss)1 $500,000 $ 20% $ $7,000 2 $400,000 $260,000 35% $100,000 $ 40,000 3 $ $ 60% $130,000 $20,000 4 $600,000 $420,000 % $ $(5,000) I filled some of data in but I dont know how to get the rest, could someone please explain to me how to get the missing data, thanks.
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Business, 22.06.2019 11:30, laylay120
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
Business, 22.06.2019 21:30, dondre54
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
Exercise 6-14 Missing Data; Basic CVP Concepts [LO1, LO9]Fill in the missing amounts in each of the...
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