Fill in the missing amounts in each of the eight cases 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:
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:
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Required A Required B
Assume that only one product is being sold in each of the four following case situations:
| | Case 1 | Case 2 | Case 3 | Case 4 |
|----------------|-----------|-----------|-----------|-----------|
| Units sold | 8,100 | | 19,600 | 5,000 |
| Sales | $283,500 | $408,900 | $426,800 | $130,000 |
| Variable expenses| 162,000 | | 294,000 | |
| Fixed expenses | 92,000 | 162,000 | | 86,000 |
| Net operating income (loss)| $134,100 | $134,100 | $34,600 | $(41,000) |
| Contribution margin per unit| $28 | $21 | $6 | $9 |
