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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.) Answer is not complete. 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 Sales Case #1 9,000 Case #2 15,000 Case #3 Case #4 20,900 4,400 S 270,000 $ 360,000 $ 438,900 $ 140,800 Variable expenses Fixed expenses 144,000 98,000 165,000 292,600 70,400 168,000 88,000 78,000 Net operating income (loss) S 28,000 $ 27,000 S 58,300 S (7,600) Contribution margin per $ 14 S 13 S 7 S 16 unit Prev 1 of 6 Next >
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