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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 find
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: 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: (Loss amounts should be indicated by a minus sign.) Case #1 Case #2 Case #3 Case #4 Unit sold 8,400 13,200 19,300 4,600 Sales $ 226,800 $ 367,500 $ 119,600 Variable expenses 117,600 250,900 Fixed expenses 99,000 171,000 79,000 $ 20,100 $ 96,700 $ (37,600) Net operating income (loss) Contribution margin per unit $ 13 $ 9 Required A Required B > 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: Complete this question by entering your answers in the tabs below. Required A Required B 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 $ 459,000 $ 208,000 $ 306,000 Variable expenses 266,220 139,360 97,920 Fixed expenses 61,000 468,000 $ 80,370 $ 111,340 $ (22,920) Net operating income (loss) Contribution margin ratio (percent) 43 % % 83 % %
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