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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 #1 Case #2 Case #4 Case #3 19,100 Unit sold 4,300 Sales $ 397,300 $ 124,700 9,700 252,200 $ 126, 100 92,000 Variable expenses 210,100 Fixed expenses 174,000 45,200 89,000 (33,100) $ $ 136,200 $ Net operating income (loss) Contribution margin per unit $ 16 $ 12 Required A Required 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 Sales $ 458,000 $ $ 208,000 131,040 68,000 309,000 101,970 Variable expenses Fixed expenses 466,000 $ 62,040 $ 66,070 $ (14,970) Net operating income (loss) Contribution margin ratio (percent) 38 % % 77 % %
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