entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Costs Costs e Revenues $ Data table Case Case a. Case b. 400 Case c. Case d. $ 2,900 $ $ $ Total Costs 1,000 $ 1,800 600 $ Variable Fixed Total Revenues Costs Costs Costs $ 400 Operating Income 800 $ 200 1,400 $ 200 $ $ Contribution Margin Percentage 1,000 C... 600 $ $ % Operating Income 1,400 1,300 Contribution Margin Percentage 50% - X

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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Question
Fill in the blanks for each of the following independent cases.
(Click the icon to view the cases.)
(For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.)
Variable Fixed
Costs
Costs
Case Revenues
a.
$
Data table
Case
400
Case a.
Case b.
Case c.
Case d.
$ 2,900
$
$
$
Total
Costs
1,000 $
1,800
Variable Fixed
Total
Revenues Costs Costs Costs
600 $
400
Operating
Income
800
Print
$ 200
1,400
$ 200
$
Margin Percentage
Contribution
$ 1,000
600 $
$
Done
%
Operating
Income
1,400
1,300
Contribution
Margin
Percentage
50%
X
Transcribed Image Text:Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Costs Costs Case Revenues a. $ Data table Case 400 Case a. Case b. Case c. Case d. $ 2,900 $ $ $ Total Costs 1,000 $ 1,800 Variable Fixed Total Revenues Costs Costs Costs 600 $ 400 Operating Income 800 Print $ 200 1,400 $ 200 $ Margin Percentage Contribution $ 1,000 600 $ $ Done % Operating Income 1,400 1,300 Contribution Margin Percentage 50% X
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