Exercise 5-11 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.) 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: $ Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit Case #1 Case #2 Case #3 Case #4 9,600 20,800 5,600 316,800 $ 303,600 $ 156,800 182,400 270,400 91,000 174,000 86,000 $ (55,200) $ 52,600 $ (30,000) $ 9 $ Required A Required B > Exercise 5-11 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.) 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 more than one product is being sold in each of the four following case situations: Case #3 Case #1 449,000 $ $ $ Case #2 196,000 135,240 56,000 Case #4 298,000 80,460 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ 64,600 $ 469,000 114,800 84 % $ (5,460) 40 % % %