Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent

Cost-Volume-Profit Relations: Missing Data Following are data from 4 separate companies. Supply the missing data in each independent case. Please show how each section was calculated:. Case 1 Case 2 Case 3 Case 4Sales revenue $120,000 $100,000 $Answer $AnswerContribution margin $60,000 $Answer $20,000 $AnswerFixed costs $40,000 $Answer $Answer $AnswerNet income $Answer $5,000 $12,000 $AnswerVariable cost ratio Answer 0.50 Answer 0.22Contribution margin ratio Answer Answer 0.40 AnswerBreak-even point (dollars) $Answer $Answer $Answer $25,000Margin of safety (dollars) $Answer $Answer $Answer $20,000

Answer

Not quite sure but I think it is A 5

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