Exercise 4-13 Missing Data; Basic CVP Concepts (LO5-1, LO5-9) 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.) points Required: a. Assume that only one product is being sold in each of the four following case situations: Skipped Case #2 Case #3 20,200 Case #1 9,600 307,200 172,800 90,000 Case #4 5,000 160,000 eBook $ 296,100 $ 242,400 Ask Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit Scanned with CamScanner $ 170,000 (57,200) $ 8 $ 78,000 (8,000) 117,000 S 10 $ Deint b. Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 $ 460,000 $ Case #2 $ 198,000 136,620 63,000 Case #4 298,000 83,440 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 473,000 91,570 60,200 $ $ (19,440) 37% 81% CS Scanned with CamScanner