Exercise 6-11 Missing Data; Basic CVP Concepts (L06-1, L06-9) 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: Unit sold Sales Variable expenses Fixed expenses Not operating income (los) Contribution margin per un Case 1 Case #2 Case 3 Case 4 9 300 20.500 5.300 $ 270,000 $ 388.000 S 174.000 130 200 287 000 94000 165.000 35,000 $ 103.000 3 44 000 $ 5:100 S 20 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 4 292,000 $ 457 000 $ S Sales Variable expenses Fixed expenses Net operating income doss) Contribution margin ratio (percent) 205,000 127 100 65.000 102,200 473.000 $ s $ (31 2002 89,080 44% 92 720 821%