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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 Required Assume that only one product is being sold in each of the four following case situations: Case #3 20,800 Case #1 Case #2 9,600 $ 316.8001 $ 340.800 182,400 86,000 163,000 Case #4 5.200 $ 176,800 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 291,200 81,000 $ 64,200 $ 69,600 $ (3,000) $ 16 Required Required Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 $ 447,000 Case #2 $ 190,000 131,100 63,000 Case #4 $ 309,000 101,970 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ 86,680 473,000 $ 110,800 84% $ (22,970) % 44 %
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