Fill in the missing amounts in each of the eight case situations below. Required: A. Assume that only one product is being sold in each of the four following case situations: Case Units Sales Variable Contribution Margin Fixed Net Operating Sold Expenses Per Unit Expenses Income Loss 1 15,000 $180,000 $120,000 $4 $50,000 $2 4,000 $100,000 $60,000 $10 $32,000 $8,0003 10,000 $ $70,000 $13 $ $12,0004 $6,000 $300,000 $210,000 $15 $100,00 $(10,000)B. Assume that more than one product is being sold in each of the four following case situations:Case Sales Variable Average Contribution Fixed Net Operating Expenses Margin Ratio Expenses income (Loss)1 $500,000 $ 20% $ $7,0002 $400,000 $260,000 35% $100,000 $40,0003 $ $ 60% $130,000 $20,0004 $600,000 $420,000 % $ $(5,000)

a. Assume that only one product is being sold in each of the four following case situations:

                          Case #1            Case #2           Case #3             Case #4

Unit sold            15,000               4,000              10,000               6,000

Sales                 180,000            100,000          $200,000        300,000

Var. expenses  120,000            $60,000          70,000             $210,000

Fixed expenses 50,000            32,000            $118,000          100,000

Net income       $10,000              8,000              12,000             (10,000)

Contribution           $4                       10                      13                   $15

margin per unit

contribution margin per unit = sales price per unit - variable costs per unit

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

Sales                       500,000          400,000         $250,000      600,000

Var. expenses       $400,000         260,000         $100,000      420,000

Fixed expenses     $93,000           100,000          130,000     $185,000

Net income                7,000            $40,000             20,000         (5,000)

Contribution              20%                  35%                     60%            30%  

margin ratio (percent)  

contribution margin ratio = (sales revenue - variable costs) / sales revenue

the correct choice is a