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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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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 20,900 Unit sold Case #1 9,100 $ 273,000 182,000 92,000 Case #4 5,000 $ 135,000 Sales $ 385,700 Variable expenses 188,100 Fixed expenses 82,000 (22,000) 171,000 55,100 17 Net operating income (loss) Contribution margin per unit $ $ $ $ $ 233,500 15 Required A Required B > Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 457,000 $ $ $ Case #2 201,000 126,630 56,000 Case # 303,00 96,96 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ 93,650 $ 467,000 106,180 82 % $ (21,96 45% %
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