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a. Please complete the following table. (10 marks) Case Revenues Variable Cost Fixed Cost Total cost Operating Contribution Income Margin % AB $8,000 $? $
a. Please complete the following table. (10 marks) Case Revenues Variable Cost Fixed Cost Total cost Operating Contribution Income Margin % AB $8,000 $? $ $ 800 ? ? 40% $6,000 ? $7,000 $14,000 ? C $6,000 ? $4,000 ? $500 ? b. Rupert fish sells average fish for $ 12.00 which it purchases from various individuals for $5.00 each. Rupert fish has to pay $ 1,000.00 for rent every month, utilities of $ $500.00 and salary of $ 12,000 every month. The income tax rate is 10%. (10 marks) i. ii. How many fish does Rupert fish need to sell to breakeven per month? How many fish does Rupert fish needs to sell to get operating income of $ 5,000 How much fish does Rupert fish needs to sell to get after tax net income of $ 4,900, Assume tax rate as 11%
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