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1. Fill in the missing amounts in the case situations below. (HINT:One way to find the missing amounts would be to prepare the contribution format
1.
Fill in the missing amounts in the case situations below. (HINT:One way to find the missing amounts would be to prepare the contribution format income statement for each case, enter the known data, and then compute the missing items.)
- Assume that only one product is being sold in the following case situations
Case | Units Sold | Sales | Variable Expenses | CM per Unit | Fixed Expenses | NOI (Loss) |
1 | C | $350,000 | D | $15 | $170,000 | $40,000 |
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