Week 5 Graded Homework

Cost-Volume-Profit Relations: Missing Data

Following are data from 4 separate companies. Supply the missing data in each independent case.

Sales revenue	$120,000	$80,000	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00
Contribution margin	$60,000	$Answer 0.00 points out of 1.00	$20,000	$Answer 0.00 points out of 1.00
Fixed costs	$30,000	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00
Net income	$Answer 0.00 points out of 1.00	$5,000	$10,000	$Answer 0.00 points out of 1.00
Variable cost ratio	Answer 0.00 points out of 1.00	0.50	Answer 0.00 points out of 1.00	0.20
Contribution margin ratio	Answer 0.00 points out of 1.00	Answer 0.00 points out of 1.00	0.40	Answer 0.00 points out of 1.00
Break-even point (dollars)	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00	$25,000
Margin of safety (dollars)	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00	$Answer 0.00 points out of 1.00	$20,000