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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
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 #3 19,800 Unit sold Case #4 5,200 $ 182,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 237,600 Case #1 Case #2 8,400 S 235,200 s 372,500 134,400 96.000 179,000 S 14,700 83,000 S 86,200 S 200 S 13 S 9 Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #1 Case #3 Case #4 S 451,000 $ $ 307.000 Case #2 198,000 122,760 50,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 79,820 S S 471,000 73,440 78 % S 87,440 44 % 6,180 % %
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