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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
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 #1 Case #2 Case #3 Case #4 Unit sold Sales 8,400 19,200 $ 226,800 $ 348,000 $ 5,900 177,000 Variable expenses 151,200 288,000 Fixed expenses, 97,000 Net operating income (loss) $ Contribution margin per unit $ 180,000 (35,000) $ 10 $ 75,000 93,800 $ 1,700 9
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