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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. Required: a. Assume that only

Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others.

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:

Case #1 Case #2 Case #3 Case #4
Unit sold 8,600 19,000 5,100
Sales $232,200 $406,000 $158,100
Variable expenses 146,200 266,000
Fixed expenses 84,000 165,000 90,000
Net operating income (loss) $45,000 $115,000 $(33,900)
Contribution margin per unit $15 $10

Case #1 Case #2 Case #3 Case #4
Sales $454,000 $209,000 $301,000
Variable expenses 129,580 78,260
Fixed expenses 58,000 469,000
Net operating income (loss) $57,520 $97,190 $(260)
Contribution margin ratio (percent) 38 % % 81 % %

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