Missing Data; Basic CVP Concepts [LO5-1, LO5-9] 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:
Case #1 Case #2 Case #3 Case #4
Unit sold 9,900 21,000 5,600
Sales 247500 389.200 $173,600
Variable expenses 168.300 294,000
Fixed expenses 97,000 174,000 77,000
Net operating income (loss) $34,500 124,000 (15,400)
Contribution margin per unit $15 $10
B. Assume that more than one product is being sold in each of the four following case situations:
Case #1 Case #2 Case #3 Case #4
Sales 450,000 203,000 292,000
Variable expenses 138,040 90,520
Fixed expenses 60,000 467,000
Net operating income (loss) 87,500 78,220 ($92,520)
Contribution margin per unit 45% 78%

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.