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 income taxes.)
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.) Sales Revenue 1. 2 2. $ 80,000 3. 4. 110,000 $40,000 ? 40,000 22,000 LAST Total Variable Fixed Net Expenses Contribution Margin Expenses Income Sales Revenue ? $15,000 80,000 ? 900. $30,000 ? ? ? ? sur ? $50,000 38,000 Break-Even $40,000 80,000 ? ?
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