Q1 Fill in the missing amount in the situation below (HINT One way to find the missing amounts would be to prepare the contribution format income statement for each case, enter the known data, and then compute the missing items ) Assume that more than one product is being sold in the following case situation Case Sales Variable Expenses Avg CM Fixed Expenses NOI (Loss) 1 E F 80 $470,000 $90,000 Q2 Fill in the missing amounts in the case situations below (HINT One way to find the missing amounts would be to prepare the contribution format income statement for each case, enter the known data, and then compute the missing items ) Assume that more than one product is being sold in the following case situation Case Sales Variable Expenses Avg CM Fixed Expenses NOI (Loss) 2 $300,000 $90,000 G H $(15,000)

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Question: Q1. Fill in the missing amount in the situation below. (HINT:One way to find the missing amounts would be to prepare the contribution format income

Q1.

Fill in the missing amount in the situation below. (HINT:One way to find the missing amounts would be to prepare the contribution format income statement for each case, enter the known data, and then compute the missing items.)

Assume that more than one product is being sold in the following case situation

Case

Sales

Variable Expenses

Avg CM %

Fixed Expenses

NOI (Loss)

80%

$470,000

$90,000

Q2.

Fill in the missing amounts in the case situations below. (HINT:One way to find the missing amounts would be to prepare the contribution format income statement for each case, enter the known data, and then compute the missing items.)

Assume that more than one product is being sold in the following case situation

Case

Sales

Variable Expenses

Avg CM %

Fixed Expenses

NOI (Loss)

$300,000

$90,000

$(15,000)

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