Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Enish attempt .... uestion 5 Partially correct Mark 17.00 out of 20.00 P Hag question ost-Volume-Profit Relations: Missing Data Following are data from 4 separate

image text in transcribed
image text in transcribed
Enish attempt .... uestion 5 Partially correct Mark 17.00 out of 20.00 P Hag question ost-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 $100,000 $ 50.000 $ 45,000 Contribution margin $60,000 $ 50,000 $20,000 $ 35,100 Fixed costs $40,000 $ 45,000 $ 18,000 X 5 19.500 Net income $ 20,000 $5,000 $12,000 $ 15,600 Variable cost ratio 0.5 0.50 0.6 0.22 Coderibution margin ratio 0.5 0.5 0.40 0.78 Break-even point (dollars) $ 80,000 $ 90,000 $ 45.000 $25,000 Margin of safety (dollars) $ 40,000 $ 10,000 $20,000 Check You have correctly selected DOLL Esc us Sb Navigation Finish attempt... Question 5 Partially correct Mark 17.00 out of 20.00 P Hag question 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 $100,000 $ 50.000 $ 45,000 Contribution margin $60,000 $ 50.000 $20 000 35.100 Fed costs 540,000 $ 45,000 $ 18.000 x 19.500 Net income $ 20,000 20.000 $5,000 $12.000 $ 15,600 Variable cost ratio 05 06 Contribution margin ratio 05 05 0.40 0.78 Break-even point (dollars) $ 80,000 $ 90.000 $ 45,000 x $25.000 Margin of safety dollars) $ 40,000 $ 10,000 $ 0.50 Check You have correctly selected 17 DELL Esc Son Tab W R

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Technology Audit Handbook

Authors: Doug Dayton

1st Edition

0136143148, 978-0136143147

More Books

Students also viewed these Accounting questions