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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: Assume that only one product is being sold in each of the four following case situations Case #1 Case #2 Case #3 Case #4 9,300 20,600 4,000 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ 251,100$ 364,000 $ 120,000 167,400 164,800 96,000 162,000 90,000 $59,000$ 176,800 S(34,000) 17 $ 13 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 Variable expenses Fixed expenses Net operating income (loss) Average contribution margin ratio (percent) S 453,000 $ 203,000 142,100 61,000 $291,000 98,940 472,000 65,670 $ 77,900$ (41,940) 39%
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