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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. a. Assume that only one
Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.
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:
Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit Case #1 Case #2 Case #3 Case #4 8,500 20,400 4,600 $ 212,500 $ 367,200 $ 133,400 119,000 265,200 89,000 172,000 83,000 $ 59,200 $ 77,200 $ (27,800) $ 17 $ CA 8 Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Case #1 Case #2 Case #3 Case #4 Sales $ 448,000 $ 193,000 $ 299,000 Variable expenses 127,380 101,660 Fixed expenses 58,000 471,000 Net operating income (loss) $ 75,160 $ 103,360 $ (20,660) Contribution margin ratio (percent) 42 % % 83 % % FA $Step by Step Solution
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