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Fill in the missing amounts in each of the eight cases below. Each case is independent of the others. ( Hint: One way to find
Fill in the missing amounts in each of the eight cases 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:
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Require B
Assume that more than one product is being sold in each of the four following case situations:
tableCase Case Case Sales$$Case Variable expenses,,,Fixed expenses,,,Net operating income loss$$Contribution margin ratio percent
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