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Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Note: Round variable cost and contribution
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Note: Round variable cost and contribution margin ratio to two decimal places, if applicable. Note: Round/enter all other answers to the nearest whole number. Case 3 Sales revenue Contribution margin Fixed costs Net income Variable cost ratio Contribution margin ratio Break-even point (dollars) $ Margin of safety (dollars) $ Case 1 $120,000 $60,000 $ $40,000 $ 0 0 0 $ 0 $ Case 2 $100,000 $ 0 0 $ $5,000 0.50 0 0 0 0 $ $20,000 0 $ $12,000 $ 0.40 Case 4 0 0 0 0.22 0 $25,000 $20,000
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