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26 Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to
26 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.) 02:23:40 Required: 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: (For all requirements, Loss amounts should be indicated by a minus sign.) Complete this question by entering your answers in the tabs below. Required A Required B 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 9,800 20,500 4,800 Sales $ 284,200 $ 321,200 $ 134,400 Variable expenses 147,000 266,500 Fixed expenses 95,000 167,000 89,000 $ 8,200 $ 135,500 $ (26,600) Net operating income (loss) Contribution margin per unit $ 12 $ 11 Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Sales $ 447,000 $ 207,000 Variable expenses 140,760 57,000 Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 469,000 83,800 39,450 $ 35 % % 80
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