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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 #2 Case #3 19,800 Case #4 5,000 170,000 $ Case #1 9,700 310,400 145,500 91,000 $ 281,400 $ Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 297,000 166,000 (5,200) $ 12 $ 78,000 2,000 $ $ 80,400 $ 81 Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 449,000 $ $ $ Case #2 209,000 133,760 51,000 Case #4 308,000 89,320 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ 475,000 123,400 85% $ 68,090 41 % 3,680 %
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