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value: 2.85 points Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One
value: 2.85 points 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 Assume that only one product is being sold in each of the four following case situations Case #1 Case #2 Case #3 Case #4 9,600 19,200 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unt 13,900 278,000 180,700 173,000 (75,700)| 4,100 $ 249,600$ $ 127,100 182,400 82,000 (14,800)| 211,200 75,000 $ $ 139.400| $ 7 $ $ $ (21,700) 12 b. Assume that more than one product is being sold in each of the four following case situations Case #1 Case #2 Case #3 Case #4 Sales Variable expenses Fixed expenses Net operating income (loss) Average contribution margin ratio (percent) $ 447,000$ 204,000 138,720 55,000 $ 294,000 85,260 471,000 56,330 39% $ 75,000(19,260) 78%
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