Question
Following are data from 4 separate companies. Supply the missing data in each independent case. Case 1 Case 2 Case 3 Case 4 Sales revenue
Following are data from 4 separate companies. Supply the missing data in each independent case.
| Case 1 | Case 2 | Case 3 | Case 4 |
Sales revenue | $100,000 | $90,000 | $Answer | $Answer |
Contribution margin | $40,000} | $Answer | $20,000 | $Answer |
Fixed Costs | $24,000 | $Answer | $Answer | $Answer |
Net income | $Answer | $7,000 | $9,000 | $Answer |
Variable cost ratio | Answer | 0.50 | Answer | 0.20 |
Contribution margin ratio | Answer | Answer | 0.40 | Answer |
Break-even point (dollars) | $Answer | $Answer | $Answer | $20,000 |
Margin of safety (dollars) | $Answer | $Answer | $Answer | $30,000 |
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Physical Chemistry
Authors: Thomas Engel, Philip Reid
3rd edition
805338423, 080533842X, 978-0321812001
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