Fill in the missing amounts in each of the 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)

a. Assume that only one product is being sold in each of the four following case situations

	Case #1	Case #2	Case #3	Case #4
Unit sold	9,300		19,600	4,800
Sales	$288,300	$312,400		$163,200
Variable expenses	158,100		176,400
Fixed expenses	85,000	166,000		85,000
Net operating income (loss)		$(9,800)	$184,400	$(8,200)
Contribution margin per unit		$11	$14

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	$443,000	$192,000		$301,000
Variable expenses		119,040		99,330
Fixed expenses		64,000	472,000
Net operating income (loss)	$48,340		$74,700	$(26,330)
Average contribution margin ratio (percent)	38%		77%

Answer rating: 100% (QA)

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