Exercise 5-11 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: (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: Case #2 Case #3 Case #4 Unit sold Case #1 8,400 235,200 20,200 6,000 186,000 $ $ 330,000 $ 100,800 181,800 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 96,000 75,000 $ 173,000 25,000 $ 15 $ 15,000 165,400 $ 12 $ Required A Required B > Exercise 5-11 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: (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 more than one product is being sold in each of the four following case situations: Case #1 Case #3 Case #4 $ 443,000 $ $ Case #2 204,000 136,680 62,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 292.000 96,360 468,000 119,640 $ 69,630 $ $ (26,360) % 41% % 83 %