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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 #2 Case #3 20,000 $ 380,700 Case #1 Unit sold 9,800 Sales $ 284,200 Variable expenses 166,600 Fixed expenses 94,000 Net operating income (loss) | $ 23,600 Contribution margin per unit Case #4 5,000 $ 125,000 95,000 78,000 $ (48,000) 260,000 $ $ 172,000 81,800 18 $ $ 80,000 8 Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #3 Case #1 442,000 Sales $ $ $ Case #2 199,000 127,360 51,000 Case #4 296,000 79,920 Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ $ 468,000 61,500 75 % $ 81,480 44 % (1,920) % Required A Required B
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