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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: Case #2 Case #3 10,000 Unit sold Case #4 6,000 300,000 100,000 $ Case #1 15,000 $ 180,000 $ 120,000 50,000 $ Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 70,000 32,000 8,000 $ 10 $ 100,000 (10,000) 12,000 $ $ 13 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: $ Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) Case #1 Case #2 500,000 $ 400,000 260,000 100,000 7,000 Case #3 Case #4 $ 600,000 420,000 130,000 20,000 $ (5,000) 60% $ $ 20%
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