Fill in the missing amounts in each of the case situation be

Fill in the missing amounts in each of the case situation below. Each case is independent of the others.

Required: a. Assume that only one product is being sold in each of the four following case situations b. Assume that more than one product is being sold in each of the four following case situations (For all requirements, Loss amounts should be indicated by a minus sign.) Complete this questio n by entering your answers in the tabs below. Required A Required B Assume that more than one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Case #4 S 440,000 Sales Variable expenses Fixed expenses Net operating income (loss) Contribution margin ratio $ 202,000 129,280 66,000 $ 295,000 82,600 471,000 42,800 S 86,740$ (3,600) 37 % 79 % (percent)

Solution

Case-1 Case-2 Case-3 Case-4 Sales 440000 202000 706000 295000 Variable Expense 277,200 129280 148260 82600 Fixed expense 234,400 66000 471000 216000 Net Operating income (Loss) 42800 6720 86740 -3600 CM ratio 37% 36% 79% 72%