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 ces Assume that only one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Case 641 Unit sold Sales $ 9,800 254,800 $ 19,600 4,100 414,700 $ 118,900 Variable expenses 166,600 176,400 Fixed expenses 82,000 173,000 77,000 Net operating income (loss) $ 98,700 $ 171,800 $ (31,900) Contribution margin per unit $ 19 $ 13 Regined & Required B >