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Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. Assume that more than one

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

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 $452,000 $196,000 $295,000
Variable expenses 119,560 85,550
Contribution margin
Fixed expenses 51,000 470,000
Net operating income (loss) $72,840 $108,920 $(14,550)
Contribution margin ratio (percent) 42 % % 82 % %

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