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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 Required B Assume that only one product is being sold in each of the four following case situations: Case #3 19,300 Case #1 Case #2 8,500 $ 272,000 $ 331,200 119,000 84,000 168,000 Case #4 5,000 $ 160,000 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 173,700 75,000 $ (9,600) $ 170,900 $ 10,000 $ 11 $ 13 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 Required A B Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 $ 449,000 Case #2 $ 197,000 122,140 54,000 Case #4 $ 301,000 90,300 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ 68,580 467,000 $ 118,150 83 % $ (23,300) % 42% 1%
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