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 draw 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:

case1 case2 case3 case4

units sold 9600 .................. 20000 5700

sales 326400 406000 ............. 153900

variable expenses 124800 ................ 260000 ...............

fixed expenses 91000 171000 .................... 74000

net opearting income(loss) .................. 61000 78000 (5600)

contribution margin per unit ................ 16 8 ...................

b. Assume that more than one product is being sold in each of the four following case situations:

case1 case2 case3 case4

sales 451000 197000 ................ 307000

variable expenses ............. 122140 ................. 104380

fixed expenses .................. 53000 467000 ...................

net operating income(loss) 66400 ............... 87580 (27380)

contribution margin ratio(%) 40% .................... 79% ..................