Compute the missing data for each of the following INDEPENDENT cases. Note 1: th

Question

Compute the missing data for each of the following INDEPENDENT cases. Note 1: the last column is highlighted as it is separate from the income statement. It has relevant information but it is not part of the income statement. Note 2: you don't have to solve in alphabetical order. Note 3: you must use the concept of the contribution margin RATIO to solve this problem. Note 4: if you don't show your work, you will get NO credit. Sales Revenue Variable Costs Contribution
Margin Fixed Costs Net Income Break-even
Sales
Revenue 1 $100,000 $20,000 (A) (B) $30,000 (C) 2 $80,000 (D) $15,000 (E) (F) $80,000 3 (G) $40,000 $80,000 (H) $50,000 (I) 4 (J) $40,000 (K) $30,000 (L) $40,000



Compute the missing data for each of the following INDEPENDENT cases. Note 1: the last column is highlighted as it is separate from the income statement. It has relevant information but it is not part of the income statement. Note 2: you don't have to solve in alphabetical order. Note 3: you must use the concept of the contribution margin RATIO to solve this problem. Note 4: if you don't show your work, you will get NO credit. Sales Revenue Variable Costs Contribution
Margin Fixed Costs Net Income Break-even
Sales
Revenue 1 $100,000 $20,000 (A) (B) $30,000 (C) 2 $80,000 (D) $15,000 (E) (F) $80,000 3 (G) $40,000 $80,000 (H) $50,000 (I) 4 (J) $40,000 (K) $30,000 (L) $40,000

Explanation / Answer

Hi,

Please find the missing information as follows:

A) = 100000 - 20000 = 80000

B) = 80000 - 30000 = 50000

C) = 50000/(100000-20000)/100000 = 62500

D) = 80000 - 15000 = 65000

E) = 15000

F) = 0

G) = 40000 + 80000 = 120000

H) = 80000 - 50000 = 30000

I) = 45000

J) = 160000

K) = 120000

L) = 90000

Thanks.

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