solve only (b)

EXERCISE 5-11 Missing Data: Basic CVP Concepts LOS-1, LOW-9 Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others, (int: 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. Assume that only one product is being sold in each of the four following case situations Case Units Variable Sold Sales Expenses 15,000 $180,000 $120.000 7 $100,000 7 10.000 $70,000 6.000 $300,000 ? Contribution Margin per Unit ? $10 $13 Fored Expenses $50,000 $32,000 7 $100,000 Net Operating Income LOS ? $8.000 $12.000 $110.000 h Assume that more than one product is being sold in each of the four following care situatione Net Operating Income Case Average Contribution Margin Ratio 20% ? 60% Variable Expenses $500.000 $400,000 $260.000 ? 7 $600.000 $420.000 - Fored Expenses 7 $100,000 $130.000 7 $7.000 ? $20.000 $5.000 3