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Saved You have FIVE MINUTES remaining to complete your work. O Fill in the missing amounts in each of the eight case situations below.
Saved You have FIVE MINUTES remaining to complete your work. O Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. 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: Complete this question by entering your answers in the tabs below. Required A Required B 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 Caso #3 Case #4 Sales $ 446,000 $ 192,000 $ 298,000 Variable expenses 132,480 86,420 Fixed expenses 63,000 471,000 Net operating income (loss) $ 50,020 S 112,490 $ (9,420) Contribution margin ratio (percent) 37 % % 83 %
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