Cost-Volume-Profit Relations: Missing Data

Following are data from 4 separate companies. Supply the missing data in each independent case.

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 $100,000 $70,000 $ 0 $ 0 Contribution margin $40,000 $ $30,000 $ Fixed Costs $23,000 $ 0 5 0 $ Net income 17,000 $7,000 $6,000 $ 0 Variable cost ratio 1.5 0.50 0 0.20 Contribution margin ratio 0.4 0 0.40 Break-even point (dollars) $ 57.500 $ 0 $20,000 Margin of safety (dollars) 42,500 $ 0 $ 0 $20,000