Calculate the missing amounts for each of the following firms: (Do not round intermediate calculations.) Variable Costs Contribution Margin Ratio Firm A Firm B Firm C Firm D Sales $ 324,000 125,000 464,000 57,000 33 % 30 % 24 % Fixed Costs 119,000 35,200 Operating Income (Loss) 36,391 74,592 (4,985)

Calculate the missing amounts for each of the following firms: (Do not round intermediate calculations.) Variable Costs Contribution Margin Ratio Firm A Firm B Firm C Firm D Sales $ 324,000 125,000 464,000 57,000 33 % 30 % 24 % Fixed Costs 119,000 35,200 Operating Income (Loss) 36,391 74,592 (4,985)

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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