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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.)

a. 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 8,100 19,500 4,900
Sales $226,800 $397,300 $151,900
Variable expenses 113,400 253,500
Fixed expenses 81,000 166,000 91,000
Net operating income (loss) $94,300 $137,500 $(27,300)
Contribution margin per unit $19 $11

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

Case #1 Case #2 Case #3 Case #4
Sales $441,000 $203,000 $301,000
Variable expenses 140,070 84,280
Fixed expenses 57,000 473,000
Net operating income (loss) $74,220 $109,660 $(12,280)
Contribution margin ratio (percent) 42% 83%

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