eBookPrint ItemFill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being sold by each company: Company A Company B Company C Company DUnits Sold 610 fill in the blank 1 fill in the blank 2 910 Sales in Dollars $24,400 $63,900 $249,900 $fill in the blank 3 Total Variable Expenses $7,320 $fill in the blank 4 $fill in the blank 5 $154,700 Per Unit C/M $fill in the blank 6 $60 $290 $140 Total Fixed Expenses $14,180 $36,600 $157,900 $fill in the blank 7 Net Operating Income (Loss) $fill in the blank 8 $6,000 $(10,000) $(24,000) Fill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being sold by each company:Company ACompany BCompany CCompany DUnits Sold610910Sales in Dollars$24,400$63,900$249,900Total Variable Expenses$7,32021,300$154,700Per Unit C/M$60$290$140Total Fixed Expenses$14,180$36,600$157,900Net Operating Income (Loss) $2,900$6,000$(10,000)$(24,000)

Step 1 : It is required to use formulas as follows and to put the given values in formula and find…

Fill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being Company A Company B Company C Company D Units Sold 610 910 Sales in Dollars $24,400 $63,900 $249,900 Total Variable Expenses $7,320 21,300 $154,700 Per Unit C/M $60 $290 $140 Total Fixed Expenses $14,180 $36,600 $157,900 Net Operating Income (Loss) 2,900 $6,000 $(10,000) $(24,000)

Fill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being Company A Company B Company C Company D Units Sold 610 910 Sales in Dollars $24,400 $63,900 $249,900 Total Variable Expenses $7,320 21,300 $154,700 Per Unit C/M $60 $290 $140 Total Fixed Expenses $14,180 $36,600 $157,900 Net Operating Income (Loss) 2,900 $6,000 $(10,000) $(24,000)

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter8: Tactical Decision-making And Relevant Analysis

Section: Chapter Questions

Problem 11MCQ: Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett...

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Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett allocates common fixed cost to Product 1 and Product 2 on the basis of sales. If Product 2 is dropped, which of the following is true? a. Sales will increase by 300,000. b. Overall operating income will increase by 2,600. c. Overall operating income will decrease by 25,000. d. Overall operating income will not change. e. Common fixed cost will decrease by 27,600.
Fill in the missing amounts for the following 4 companies. Each case is independent of the others. Assume that only one product is being sold by each company: Company A Company B Company C Company D Units Sold 600 fill in the blank 1 fill in the blank 2 900 Sales in Dollars $30,000 $63,000 $245,000 $fill in the blank 3 Total Variable Expenses $7,800 $fill in the blank 4 $fill in the blank 5 $153,000 Per Unit C/M $fill in the blank 6 $70 $280 $130 Total Fixed Expenses $19,400 $42,000 $150,000 $fill in the blank 7 Net Operating Income (Loss) $fill in the blank 8 $7,000 $(10,000) $(25,000)
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	Company A	Company B	Company C	Company D
Units Sold	610	fill in the blank 1	fill in the blank 2	910
Sales in Dollars	$24,400	$63,900	$249,900	$fill in the blank 3
Total Variable Expenses	$7,320	$fill in the blank 4	$fill in the blank 5	$154,700
Per Unit C/M	$fill in the blank 6	$60	$290	$140
Total Fixed Expenses	$14,180	$36,600	$157,900	$fill in the blank 7
Net Operating Income (Loss)	$fill in the blank 8	$6,000	$(10,000)	$(24,000)