Cost$-$Volume$-$Profit Relations: Missing Data

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 $$120,000$ $$80,000$ Answer

$0$

Answer

$0$

Contribution margin $$60,000$ Answer

$0$

$$20,000$ Answer

$0$

Fixed costs $$30,000$ Answer

$0$

Answer

$0$

Answer

$0$

Net income Answer

$0$

$$5,000$ $$10,000$ Answer

$0$

Variable cost ratio Answer

$0$

$0\mathrm{.}50$ Answer

$0$

$0\mathrm{.}20$

Contribution margin ratio Answer

$0$

Answer

$0$

$0\mathrm{.}40$ Answer

$0$

Break$-$even point $($dollars$)$ Answer

$0$

Answer

$0$

Answer

$0$

$$25,000$

Margin of safety $($dollars$)$ Answer

$0$

Answer

$0$

Answer

$0$

$$20,000$