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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:

Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.)

Case #1 Case #2 Case #3 Case #4
Unit sold 8,400 20,700 5,700
Sales $285,600 $435,000 $165,300
Variable expenses 168,000 248,400
Contribution margin
Fixed expenses 91,000 166,000 86,000
Net operating income (loss) $95,000 $120,000 $(17,600)
Contribution margin per unit $18 $10

Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.)

Case #1 Case #2 Case #3 Case #4
Sales $449,000 $193,000 $297,000
Variable expenses 123,520 86,130
Contribution margin
Fixed expenses 51,000 466,000
Net operating income (loss) $63,110 $87,000 $(10,130)
Contribution margin ratio (percent) 39 % % 79 % %

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