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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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: Case #2 Case #3 20,600 Case #1 9,900 $ 287,100 118,800 88,000 Case #4 4,300 $ 137,600 $ 286,000 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 206,000 175,000 (32,000) 11 82,000 (8,900) $ $ $ $ $ 204,400 141 Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 450,000 $ $ $ Case #2 205,000 141,450 68,000 Case #4 290,000 101,500 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ 466,000 79,160 77% $ 57,500 39 % (45,500) %
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