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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.)

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 8,700 20,700 5,700
Sales $261,000 $275,100 $171,000
Variable expenses 147,900 207,000
Fixed expenses 99,000 164,000 76,000
Net operating income (loss) $(19,900) $217,500 $(7,600)
Contribution margin per unit $11 $15

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:

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