Fill in the missing data for each of the following independent cases. (Ignore income taxes.) Note: Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required. Sales Revenue 1. S 1234 455,000 $ 190,000 476,000✔ 60,000 Variable Expenses 91,000 149,000✔ 136,000 15,000 $ Answer is complete but not entirely correct. Total Contribution Margin 364,000 41,000 340,000 45,000✔ Fixed Expenses 72,800 4,104,000,000 X 160,000 24,900 $ Net Income 291,200 S 0✔ Break-Even Sales Revenue 180,000 20,100 91,000 190,000 223,996 X 33,200
Fill in the missing data for each of the following independent cases. (Ignore income taxes.) Note: Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required. Sales Revenue 1. S 1234 455,000 $ 190,000 476,000✔ 60,000 Variable Expenses 91,000 149,000✔ 136,000 15,000 $ Answer is complete but not entirely correct. Total Contribution Margin 364,000 41,000 340,000 45,000✔ Fixed Expenses 72,800 4,104,000,000 X 160,000 24,900 $ Net Income 291,200 S 0✔ Break-Even Sales Revenue 180,000 20,100 91,000 190,000 223,996 X 33,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Vishnu

Transcribed Image Text:EX 7-23 (Algo) Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2)
Fill in the missing data for each of the following independent cases. (Ignore income taxes.)
Note: Do not round intermediate calculations. Leave no cells blank - be certain to enter "0" wherever required.
1.
2.
3.
4.
Sales Revenue
$
455,000
190,000
476,000
60,000
$
Variable
Expenses
91,000
149,000
136,000
15,000
$
> Answer is complete but not entirely correct.
Total
Contribution
Margin
364,000
41,000
340,000
45,000
Fixed Expenses
72,800
4,104,000,000
160,000
24,900
$
Net Income
291,200
0
180,000
20,100
Break-Even
Sales Revenue
91,000
190,00
223,996
33,200
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images

Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education