Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Case A Case B Case C Case D Unit Sales 1,000 800 Answer Answer Sales revenue $20,000 Answer Answer $60000 Variable cost per unit $10 $1 $12 Answer Contribution margin Answer $800 Answer Answer Fixed Costs $7,000 Answer $80,000 Answer Net income Answer $500 Answer Answer Unit contribution margin Answer Answer Answer $15 Break-even point (units) Answer Answer 4,000 2,000 Margin of safety (units) Answer Answer 300 1,000
Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Case A Case B Case C Case D Unit Sales 1,000 800 Answer Answer Sales revenue $20,000 Answer Answer $60000 Variable cost per unit $10 $1 $12 Answer Contribution margin Answer $800 Answer Answer Fixed Costs $7,000 Answer $80,000 Answer Net income Answer $500 Answer Answer Unit contribution margin Answer Answer Answer $15 Break-even point (units) Answer Answer 4,000 2,000 Margin of safety (units) Answer Answer 300 1,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Cost-Volume-Profit Relations: Missing Data
Following are data from 4 separate companies. Supply the missing data in each independent case.
| Case A | Case B | Case C | Case D | |
|---|---|---|---|---|
| Unit Sales | 1,000 | 800 | Answer | Answer |
| Sales revenue | $20,000 | Answer | Answer | $60000 |
| Variable cost per unit | $10 | $1 | $12 | Answer |
| Contribution margin | Answer | $800 | Answer | Answer |
| Fixed Costs | $7,000 | Answer | $80,000 | Answer |
| Net income | Answer | $500 | Answer | Answer |
| Unit contribution margin | Answer | Answer | Answer | $15 |
| Break-even point (units) | Answer | Answer | 4,000 | 2,000 |
| Margin of safety (units) | Answer | Answer | 300 | 1,000 |
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