Question
In the following chart, fill in the missing cells for each of the following independent scenarios. Do not enter dollar signs or commas in the
In the following chart, fill in the missing cells for each of the following independent scenarios.
Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number, except for the CM Ratio. Round the CM Ratio to 2 decimal places.
Scenario Revenue Variable Costs Fixed Costs Total Costs Operating Income CM Ratio Contribution Margin 1 $610 $Answer $320 $760 $-150 Answer % $Answer 2 $2,700 $Answer $Answer $1,700 $Answer 76.00% $Answer 3 $Answer $560 $Answer $1,010 $730 Answer % $Answer 4 $980 $Answer $240 $Answer $-180 Answer % $60
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