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value 9.10 points Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One
value 9.10 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 8,600 20,900 4,600 Unit sold Sales Variable expenses ixed expenses Net operating income (loss) Contribution margin per unit $ 266,600 $ 357,600 $138,000 111,800 271,700 81,000 163,000 76,000 S 60,500 S 115,000$(25,400) 15 $ 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 $ 303,000 Sales Variable expenses Fixed expenses Net operating income (loss) Average contribution margin ratio (percent) $458,000 194,000 133,860 69,000 84,840 469,000 56,040 89,530$ (9,840) 79%
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