Question: Are the requirements correct? Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint:


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: 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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: (For all requirements, Loss amounts should be indicated by a minus sign.) 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: Unit sold Sales Variable expenses Case #1 Case #2 Case #3 Case #4 9,300 21,760 20,500 5,800 $ 288,300 $ 380,800 $ 410,000 $ 156,600 158,100 163,200 266,500 104,400 97,000 178,000 124,000 90,000 $ 33,200 $ 39,600 $ 49,500 $ (37,800) $ 14 $ 16 $ 7 $ 9 Fixed expenses Net operating income (loss) Contribution margin per unit Required B > Required A Required 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 114 Sales $ $ $ 458,000 288,540 112,000 57,460 210,000 140,700 57,000 Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 709,000 283,600 467,000 128,560 84 % 309,000 86,520 215,000 7,480 72% $ $ 12,300 s $ 37 % 33%
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