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eBook Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9] Fill in the missing amounts in each of the eight case situations below. Each
eBook Exercise 6-11 (Algo) Missing Data; Basic CVP Concepts [LO6-1, LO6-9] 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: b. Assume that more than one product is being sold in each of the four following case situations: Complete this question by entering your answers in the tabs below. Hint References Required A Required B Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a mi sign.) Sales Variable expenses $ Case #1 459,000 $ Case #2 201,000 Case #3 $ Case #4 302,000 128,640 99,660 + Contribution margin 57,000 470,000 Fixed expenses Net operating income (loss) $ Contribution margin ratio (percent) 48,240 36% $ % 124,150 $ 85% (21,660) % < Required A Required >
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