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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: 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 Case #1 15,000 180,000 120,000 50,000 Case #2 4,000 100,000 60,000 Sales $ $ $ Variable expenses Case #3 10,000 200,000 70,000 118,000 12,000 13 Case #4 6,000 300,000 210,000 100,000 (10,000) 90,000 Fixed expenses Net operating income (loss) Contribution margin per unit $ $ 32,000 8,000 10 $ $ $ $ $ 4 Exercise o-IIVIISSIMY Udld, bdSIL CUP CUITLepus LUU-1, LUO 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: 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 #1 500,000 Case #4 600,000 Sales $ $ Case #2 400,000 260,000 100,000 Variable expenses 420,000 Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ 130,000 20,000 60 % $ 7,000 20% (5,000) %
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