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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. Required: a. Assume that only

Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.

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:

Required A

Case #1

Case #2

Case #3

Case #4

Unit sold

9,200

168,346

19,000

4,400

Sales

248,400

149,600

Variable expenses

156,400

Fixed expenses

82,000

Net operating income (loss)

Contribution margin per unit

Required B

Case #1

Case #2

Case #3

Case #4

Sales

442,000

201,000

$302,000

Variable expenses

130,650

87,580

Fixed expenses

58,000

471,000

Net operating income (loss)

53,380

78,120

$(3,580)

Contribution margin ratio (percent)

39%

78%

%

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