1.
Fill in the missing amounts in each of the eight case situations 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:(input all amounts as positive values except losses which should be
indicated by a minus sign.) b. Assume that more than one product is being sold in each of the
four following case situations: (Input all amounts as positive values except losses which should
be indicated by a minus sign.)
Solution
a) case     #1
net operating income $70,600
contribution margin $ 17
a) case #2
no. of units sold $14,600
variable expenses $146,000
a) case #3
sales $444,000
fixed expenses $76,000
a) case #4
variable expense $98,600
contribution margin $11
b) case #1
variable expenses $262,740

2.
fixed expenses $112,000
b) case #2
net operating income $13,330
contribution margin ratio 33%
b) case#3
sales $709,000
variable expenses $177,250
b) case #4
fixed expenses $217,000
contribution margin ratio 75%