Fill in the missing amounts in each of the four 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:

1. Cases A and B assume that only one product is being sold.

2. Cases C and D assume that more than one product is being sold.

Case Sales Units Sold 20,000 Variable Expenses $220,000 $120,000 Contribution Fixed Margin per Unit Expenses ? $45,000 $15 ? Net Operating Income ? $300,000 ? A B 12,000 $18,000 Case Sales Variable Expenses ? Average Contribution Margin Ratio 40% Fixed Expenses ? Net Operating Income $125,000 $900,000 ? D ? 45% $120,000 $37,500