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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

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
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 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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