Question: Please Help! I've been trying to do this question but keep doing a wrong step somewhere Fill in the missing amounts in each of the

Please Help! I've been trying to do this question but keep doing a wrong step somewherePlease Help! I've been trying to do this question but keep doing

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 the following four case situations: Case #1 Case #2 Case #3 12,400 Unit sold 18,600 Case #4 7,440 $ 372,000 Sales $ $ 124,000 223,200 148,800 Variable expenses 86,800 62,000 39,680 124,000 Fixed expenses Operating income (loss) Contribution margin per unit $ 9,920 $ 14,880 $ (12,400) $ 10 $ 13 b. Assume that more than one product is being sold in each of the following four case situations: (Enter "Contribution margin ratio" in percent. Round your final answers to the nearest whole dollar amount.) Case #1 Case #2 Case #3 Case #4 Sales $ 524,000 $ 424,000 $ 624,000 436,800 Variable expenses 275,600 106,000 137,200 Fixed expenses Operating income (loss) Average contribution margin (percentage) $ 8,200 $ $ (4,800) 27,200 60% 20%

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