Following are data from 4 separate companies. Required Supply the missing data in each independent case. Sales
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Following are data from 4 separate companies.
Required Supply the missing data in each independent case.
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Sales revenue.... Contribution margin Fixed costs.. Net income.. Variable cost ratio. Contribution margin ratio Break-even point (dollars) Margin of safety (dollars) Case 1 Case 2 Case 3 Case 4 $120,000 $100,000 ? $ 60,000 ? $20,000 $ 40,000 ? ? ??? ? $ 5,000 $12,000 ? ? 0.50 ? 0.22 ? ? 0.40 ? ? ? ? $25,000 ? ? ? $20,000
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