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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.)

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 following four case situations: Case #3 20,000 Case #4 4,000 $ 260,000 Unit sold Sales Variable expenses Fixed expenses Operating income (loss) Contribution margin per unit 80.000 Case #1 Case #2 20,000 $ 180,000 $ 125,000 120,000 51,000 32.000 $ 29,000 $ 10 140.000 $ $ (76,000) 90.000 10 $ 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 #3 Case #4 $ 650.000 $ Case #2 $ 455.000 282.100 110,000 600,000 360,000 Sales Variable expenses Fixed expenses Operating income (loss) Average contribution margin (percentage) $ $ 100,000 20,000 $ 60% 6,000 20% (5,000)

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