E3–6 Time allowed: 20 minutes 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 profit and loss account for each case, enter the known data, and then compute the missing items.)

(a) Assume that only one product is being sold in each of the four following case situations:

(b) Assume that more than one product is being sold in each of the four following case situations:

Transcribed Image Text:

Case Units sold Sales Variable Contribution Fixed expenses margin per unit expenses 1 15,000 180,000 120,000 ? 50,000 Net profit (loss) ? 234 ? 100,000 ? 10 32,000 8,000 10,000 ? 70,000 13 ? 12,000 6.000 300,000 ? ? 100,000 (10,000)