1. 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). a. Assume that only one product is being sold in each of the four following case situations (7 Marks).: Contribution Margin Units Sold Variable Expenses Fixed Expenses Net Operating Income (Loss) Case Sales per Unit 1 2 3 4 15,000 ? 10,000 6,000 $180,000 $100,000 ? $300,000 $120,000 ? $70,000 ? ? $10 $13 ? $50,000 $32,000 ? $100,000 ? $8,000 $12,000 $(10,000) b. Assume that more than one product is being sold in each of the four following case situations (8 Marks). Average Contribution Margin Ratio Variable Expenses Fixed Expenses Case Sales 1 $500,000 $400,000 ? $600,000 AWN ? $260,000 ? $420,000 20% ? 60% ? Net Operating Income (Loss) $7,000 ? $20,000 $(5,000) ? $100,000 $ 130,000