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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.)

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.)

Required B

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

What is my fixed expenses for case 1???? PLease help
Case #1 Case #2 Case #3 Case #4
Sales $453,000 $195,000 $709,000 $303,000
Variable expenses 271,800 122,850 134,710 78,780
Fixed expenses ???? 58,000 467,000 234,000
Net operating income (loss) $69,200 $14,150 $107,290 $(9,780)
Contribution margin ratio (percent) 40 % 37 % 81 % 74 %

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