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10. Fill in the blanks for each of the following independent cases. Case Unit Variable Operating Sold Costs $25 62 B C Unit Selling Price $70 (A) 250 150 Number of Units D S 15,000 30,000 24,000 Total Total Contribution Fixed Margin Costs $900,000 E 4,500,000 1,728,000 F $________ 250,000 G$ Operating Income $200,000 125,000 900,000 1,500,000 H_​

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Answer:

Step-by-step explanation:

Case A:

Unit Variable Costs = $25

Unit Selling Price = $70

Number of Units Sold = 15,000

Total Contribution Margin = (Number of Units Sold) * (Unit Selling Price - Unit Variable Costs)

Total Contribution Margin = 15,000 * ($70 - $25) = $525,000

Fixed Costs = $250,000

Operating Income = Total Contribution Margin - Fixed Costs

Operating Income = $525,000 - $250,000 = $275,000

Case B:

Unit Variable Costs = $25

Unit Selling Price = $70

Number of Units Sold = 30,000

Total Contribution Margin = (Number of Units Sold) * (Unit Selling Price - Unit Variable Costs)

Total Contribution Margin = 30,000 * ($70 - $25) = $1,350,000

Fixed Costs = $250,000

Operating Income = Total Contribution Margin - Fixed Costs

Operating Income = $1,350,000 - $250,000 = $1,100,000

Case C:

Unit Variable Costs = $25

Unit Selling Price = $70

Number of Units Sold = 24,000

Total Contribution Margin = (Number of Units Sold) * (Unit Selling Price - Unit Variable Costs)

Total Contribution Margin = 24,000 * ($70 - $25) = $1,080,000

Fixed Costs = $250,000

Operating Income = Total Contribution Margin - Fixed Costs

Operating Income = $1,080,000 - $250,000 = $830,000

Case D:

Unit Variable Costs = $25

Unit Selling Price = $70

Total Contribution Margin = $900,000

Total Contribution Margin = (Number of Units Sold) * (Unit Selling Price - Unit Variable Costs)

$900,000 = (Number of Units Sold) * ($70 - $25)

Solving for the Number of Units Sold:

(Number of Units Sold) = $900,000 / ($70 - $25)

(Number of Units Sold) = $900,000 / $45

(Number of Units Sold) = 20,000

Case E:

Unit Variable Costs = $25

Number of Units Sold = 30,000

Total Contribution Margin = $4,500,000

Total Contribution Margin = (Number of Units Sold) * (Unit Selling Price - Unit Variable Costs)

$4,500,000 = 30,000 * (Unit Selling Price - $25)

Solving for Unit Selling Price:

Unit Selling Price - $25 = $4,500,000 / 30,000

Unit Selling Price - $25 = $150

Unit Selling Price = $175

Case F:

Unit Variable Costs = $25

Number of Units Sold = 24,000

Total Contribution Margin = $1,728,000

Total Contribution Margin = (Number of Units Sold) * (Unit Selling Price - Unit Variable Costs)

$1,728,000 = 24,000 * (Unit Selling Price - $25)

Solving for Unit Selling Price:

Unit Selling Price - $25 = $1,728,000 / 24,000

Unit Selling Price - $25 = $72

Unit Selling Price = $97

Case G:

Fixed Costs = $250,000

Operating Income = $1,500,000

Operating Income = Total Contribution Margin - Fixed Costs

$1,500,000 = Total Contribution Margin - $250,000

Solving for Total Contribution Margin:

Total Contribution Margin = $1,500,000 + $250,000

Total Contribution Margin = $1,750,000

Case H:

Operating Income = $200,000

Fixed Costs = $250,000

Operating Income = Total Contribution Margin - Fixed Costs

$200,000 = Total Contribution Margin - $250,000

Solving for Total Contribution Margin:

Total Contribution Margin = $200,000 + $250,000

Total Contribution Margin = $450,000

User Darsshan
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