Answer the following questions

3.00 points Exercise 5-11 Missing Data; Basic CVP Concepts [LO5-1, LO5-9 Fill in the missing amounts in 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) ach of the eight case situations below. Each case is independent of the 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 4,800 S 163,200 9,300 19,600 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit $ 288,300312,400 176,400 158,100 85,000 166,000 85,000 $ (9,800) 184,400 11 S (8,200) 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 Variable expenses Fixed expenses Net operating income (loss) Average contribution margin ratio (percent) S 443,000 $ 192,000 119,040 64,000 S 301,000 99,330 472,000 S 48,340 74,700 S (26,330) 38% 77%