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text 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
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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.Case 1 Case 2 Case 3 Case 4
Sales Revenue $100,000 $80,000 - -
Contribution Margin $40,000 - $30,000 -
Fixed Costs $27,000 - - -
Net Income $13,000 $4,000 $6,000 -
Variable Cost Ratio 0.6 0.5 0.6 0.2
Contribution Margin Ratio 0.4 0.5 0.4 0.8
break even point dollars $67,500 - - $30,000
margin of safety net dollars - - - $30,000
Each one that is blank needs an answer. I can leave a dash in the ones that are not completed yet.
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