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st-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

st-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 $80,000 Answer

Answer

Contribution margin $60,000 Answer

$20,000 Answer

Fixed costs $30,000 Answer

Answer

Answer

Net income Answer

$5,000 $10,000 Answer

Variable cost ratio Answer

0.50 Answer

0.20
Contribution margin ratio Answer

Answer

0.40 Answer

Break-even point (dollars) Answer

Answer

Answer

$25,000
Margin of safety (dollars) Answer

Answer

Answer

$20,000

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