Question: Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore

Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill

Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "O" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses 1. $ 90,000 72,000 2. 185,000 40,000 3. 130,000 260,000 4. 60,000 12,000 Net Income Break-Even Sales Revenue 90,000 185,000 150,000 20,000

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