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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
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 is to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.)
Assume that only one product is being sold in each of the following four case situations:
Average Contribution Margin percent Operating Fixed Income Case Sales Expenses () Expenses (loss) $65000 Variable $450000 4% $ 60,000 $470,000 $90,000 (S15000) 80% $3000000 $90000Step by Step Solution
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