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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:
Wesel:37r- Case #4 -1
Unit sold
Sales
Variable expenses
Fixed expenses
Net operating income (loss)
8,000
20.700
4.500
272,000 144,000
$ 326,400
248.400
S 144.000
88,000
182,000
85.000
1,200
$ 75.600
S (17.500)
Contribution margin per unit
12
$ 8
b. Assume that more than one product is being sold in each of the four following case situations:
Case #1
Case #2
Case #31.
Case 4.
$ 446.000
$ 202.000
$ 299.000
121.200
77.740
58.000
469.000
$ 58.480
$ 31.630
$ 1.230
Contribution margin ratio (percent)
38%
79%
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