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:

1. Assume that only one product is being sold in each of the four following case situations:
2. Assume that more than one product is being sold in each of the four following case situations:

Assume that more than one product is being sold in each of the four following case situations:

Case 1Case 2Case 3Case 4Sales$458,000$206,000$302,000Variable expenses125,660105,700Fixed expenses52,000466,000221,000Net operating income (loss)$67,620$28,340$110,020$(24,700)Contribution margin ratio (percent)39%39%83%%