Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts (L05-1, L05-9) 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: 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: (Loss amounts should be indicated by a minus sign.) Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit Case #1 Case #2 Case #3 Case #4 9,700 20,600 5,300 $ 300,700 $ 372,600 $ 432,600 $ 185,500 184,300 185,400 84,000 178,000 94,000 85,000 $ 32,400 $ 15,200 $ 153,200 $ 10,400 $ 12 $ 14 $ 12 Required A Required B > Exercise 5-11 (Algo) Missing Data; Basic CVP Concepts [LO5-1, LO5-9) 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: Complete this question by entering your answers in the tabs below. Required A Required B Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by minus sign.) Case #1 Case #2 Case #3 Case #4 Sales $ 448,000 200,000 $ 307,000 Variable expenses 134,000 79,820 Fixed expenses 59,000 466,000 Net operating income (loss) $ 71,160 $ 84,680 $ 180 Contribution margin ratio (percent) 42% % 78% %