Exercise 5-11 Missing Data; Basic CVP Concepts (L05-1, 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.) 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 Required A Required B Assume that only one product is being sold in each of the four following case situations: Case #2 Case #3 20,500 Case #4 5,500 176,000 $ Case #1 9,200 276,000 156,400 93,000 $ 283,500 $ Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit I 225,500 160,000 (25,000) 10 88,000 (16,500) $ $ $ & 168,000 12 s Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 454,000 Case #4 299,000 $ $ Case #2 191,000 131,790 53,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 92,690 $ $ 470,000 108,100 82 % S 61,060 39 % (15,690) %