Question: Cost - Volume - Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Case 1

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 $80,000 Answer
0
Answer
0
Contribution margin $60,000 Answer
0
$20,000 Answer
0
Fixed costs $30,000 Answer
0
Answer
0
Answer
0
Net income Answer
0
$5,000 $10,000 Answer
0
Variable cost ratio Answer
0
0.50 Answer
0
0.20
Contribution margin ratio Answer
0
Answer
0
0.40 Answer
0
Break-even point (dollars) Answer
0
Answer
0
Answer
0
$25,000
Margin of safety (dollars) Answer
0
Answer
0
Answer
0
$20,000Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing data in each independent case.
\table[[,Case 1,Case 2,Case 3,Case 4],[Sales revenue,$120,000,$80,000,$,$
 Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies.

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