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
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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)
Transcribed Image Text: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)
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