Question: Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Round unit contribution margin answers to
Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing data in each independent case.
Round unit contribution margin answers to two decimal places.
Use rounded unit contribution margin answers for subsequent computations.
Round UP break-even point units.
| Case A | Case B | Case C | Case D | |
|---|---|---|---|---|
| Unit Sales | 1,200 | 800 | 4300 | 3000 |
| Sales revenue | $20,000 | 1600 | $Answer | $80000 |
| Variable cost per unit | $10 | $1 | $12 | $Answer |
| Contribution margin | $Answer | $800 | $Answer | 45000 |
| Fixed Costs | $7,000 | $Answer | $82,000 | 30000 |
| Net income | $Answer | $450 | $Answer | 15000 |
| Unit contribution margin | $Answer | 1 | $Answer | $15 |
| Break-even point (units) | Answer | Answer | 4,000 | 2,000 |
| Margin of safety (units) | Answer | Answer | 300 | 1,000 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Study Help