Question: 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

Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply

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 $70,000 $ $ Contribution margin $40,000 $ 35,000 $30,000 $ x Fixed Costs $28,000 $ $ $ Net income $ x $8,000 $8,000 $ 16,000 Variable cost ratio 0.6 0.50 x 0.20 Contribution margin ratio 0.4 0.5 0.50 0.8 Break-even point (dollars) $ * $ $ x $30,000 Margin of safety (dollars) $ $ * $ x $20,000

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