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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 9,100 20,100 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 5,600 $184,800 S 273,000 374,400 109,200 86,000 180,900 174,000 84,000 S 27,600S 198,400S(11,200) 14 S 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 S 294,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) S 457,000 204,000 136,680 50,000 91,140 474,000 71,800 40% S 81,370 S (24,140) 79%
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