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Average variable costs Average contribution margin $20 $ 50 $100 Number yeturms prepared. 1,750 500...

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Accounting

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Average variable costs Average contribution margin $20 $ 50 $100 Number yeturms prepared. 1,750 500 250 Requtred a. Determine Joe's break-even dotlar sales votume. b. Determine Joe's margin of safety in sales dollars. c. Prepare a profit-volume graph for Joe's Tax Service Cost- Volume-Profit Relations: Misstng Data Following are data from 4 separate companies. E3-24. L03 Case BGaseG Case D Case A 1200 $20,000 800 MBC Unit sales Sales revenue variable cost per unit Contribution margin Fixed costs. Net income Unit contribution margin Break-even point (units) 7 $80,000 $10 $1 $12 ? $800 . 7,000 7 $82,000 ? $450 $15 4,000 2 300 1,000 Margin of safety funits).se Requtred Supply the missing data in each independent case. E3-25. Cost-Volume-Profit Relatlons: Missing Data Lo3 Following are data from 4 separate compantes Case 1 Case 2 Case3 Case 4 MBC $120,000 $100,000 S 60.000 $ 40,000 Sales revenue Contribution margin Fixed costs Net income Variable cost ratio Contribution margin ratio Break-even point (collars) Margin of safety (dolars) 7$20.000 2 $5,000 $12.000 0.50 ? 022 ? 0.40 ? $25,000 $20,000

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