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.) Requirec Assume that only one product is being sold in each of the four following case situations Case #1 Case #2 Case #3 Case #4 9,800 4,200 $105,000 Unit sold Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 20,500 $ 274,400 $ 372,600 156,800 164,000 86,000 S 50,800 S 209,000 $ (52,400) 88,000 170,000 16 S 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 $ 309,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio (percent) $ 450,000 $ 198,000 120,780 69,000 86,520 468,000 70,500 S 111,340$ 1,520) 41% 83%