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: Case 1: Unit sold 89,500 Sales 266,000 Variable Expenses 133,000 Fixed Expenses 86,000 Net operating income (loss) ? Contribution margin per unit ?
Case 2: Unite sold ? Sales 288,000 Variable expenses ? Fixed Expenses 167,000 Net operating income (loss) (80,600) contribution margin per unit $6
Case 3: unit sold 19,100 Sales ? Variable expenses 171,900 Fixed expenses ??? net operating income 209,500 contribution margin per unit $15
Case 4: Unit Sold 4,800 Sales $139,200 Variable expenses ? Fixed expenses 85,000 net operating income (loss) (17,800) contribution margin per unit ?