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Business
Accounting
1. 2. 3. 4. Sales Revenue 80,000 110,000 S Variable Expenses Total Contribution Margin 40,000 $ 40,000 22,000 Fixed Expenses 70,000 $ 15,000 80,000 30,000 Net Income 50,000 38,000 Break-Even Sales Revenue S 40,000 80,000

1. 2. 3. 4. Sales Revenue 80,000 110,000 S Variable Expenses Total Contribution Margin 40,000 $ 40,000 22,000 Fixed Expenses 70,000 $ 15,000 80,000 30,000 Net Income 50,000 38,000 Break-Even Sales Revenue S 40,000 80,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 "0" wherever required.) 1. 2. 3. 4. Sales Revenue 80,000 110,000 $ Variable Expenses Total Contribution Margin 40,000 $ 40,000 22,000 Fixed Expenses 70,000 $ 15,000 80,000 30,000 Net Income 50,000 38,000 Break-Even Sales Revenue S 40.000 80,000
Transcribed Image Text: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 "0" wherever required.) 1. 2. 3. 4. Sales Revenue 80,000 110,000 $ Variable Expenses Total Contribution Margin 40,000 $ 40,000 22,000 Fixed Expenses 70,000 $ 15,000 80,000 30,000 Net Income 50,000 38,000 Break-Even Sales Revenue S 40.000 80,000
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