Missing Dala Following are data from 4 separate companies. Supply the missing data in each independent cas Note: Round variable cost and contribution margin ratio to two decimal places, if applicable. Note: Round/enter all other answers to the nearest whole number. Case 3 Sales revenue Contribution margin Fixed Costs Net Income $ Variable cost ratio Contribution margin ratio Break-even point (dollars) $ Margin of safety (dollars) $ Case 1 $100,000 $40,000) $ $27,000 $ $ $ Case 2 $80,000 $ $4,000 0.50 $ $ $30,000 $ $ $6,000 $ 0.40 Case 4 0.20 $30,000 $30,000
Missing Dala Following are data from 4 separate companies. Supply the missing data in each independent cas Note: Round variable cost and contribution margin ratio to two decimal places, if applicable. Note: Round/enter all other answers to the nearest whole number. Case 3 Sales revenue Contribution margin Fixed Costs Net Income $ Variable cost ratio Contribution margin ratio Break-even point (dollars) $ Margin of safety (dollars) $ Case 1 $100,000 $40,000) $ $27,000 $ $ $ Case 2 $80,000 $ $4,000 0.50 $ $ $30,000 $ $ $6,000 $ 0.40 Case 4 0.20 $30,000 $30,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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