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Fill in the missing data for each of the following independent cases. (Ignore income taxes.)

Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calcu

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Answer #1
Sales revenue Variable expense Total contribution margin Fixed expense Net income

Breakeven

sales revenue

1. $480,000 $96,000 384,000 $76,800 $307,200 $96,000
2. $215,000 $169,000 $46,000 $46,000 $0 $215,000
3. $450,000 $180,000 $270,000 60,000 $210,000 $100,000
4. $50,000 $10,000 $40,000 $19,400 $20,600 $24,250
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