Question
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Case 1 Sales revenue $90,000
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Case 1 Sales revenue $90,000 Case 2 $150,000 $ Case 3 Case 4 0 x $ 0 x Contribution margin $45,000 $ 0x $40,000 $ 0x Fixed costs $30,000 $ Net income 0 x 0 x $ $15,000 0 x $ 0 * $24,000 $ 0 x Variable cost ratio 0 x 0.40 0x 0.60 Contribution margin ratio 0x 0x 0.25 0 x Break-even point (dollars) $ 0 x $ 0 x $ 0 x $150,000 Margin of safety (dollars) $ 0 x $ 0 x $ 0 x $125,000
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