Question: text 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

text

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 $80,000 - -

Contribution Margin $40,000 - $30,000 -

Fixed Costs $27,000 - - -

Net Income $13,000 $4,000 $6,000 -

Variable Cost Ratio 0.6 0.5 0.6 0.2

Contribution Margin Ratio 0.4 0.5 0.4 0.8

break even point dollars $67,500 - - $30,000

margin of safety net dollars - - - $30,000

Each one that is blank needs an answer. I can leave a dash in the ones that are not completed yet.

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