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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 9,400 20,400 4,800 $ 329,000 $ 385,700 $ 139,200 Variable expenses 188,000 204,000 Fixed expenses 92,000 161,000 84,000 Net operating income (loss) $ Contribution margin per unit $ 105,000 $ 20 $ 147,400 $ (40,800) 11
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