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Fill in the blanks for each of the following independent cases.
(For entries with a​ $0 balance, make sure to enter​ "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole​ percent.)
Case Revenues Variable Costs Fixed Costs total Costs Operating Income Contribution Margin Percentage
a. $600 $800 $1,600
b. $2,500 $200 $900
c. $500 $300 $500
d. $1,200 $200 25 %

Sagot :

  • The correct form to fill the blanks of the following independent cases is:

Case    Revenues variable    Fixed   Total  operating   contribution

                              cost         cost     cost income margin      Contribution

a             2400       600           200     800     1600            75%        1800

b             2500      1400           200    1600    900              44%       1100

c            500           300              200   500       0               40%        200

d            1200          900              200    1100   100              25%          300

The below formulas should be used:

  • Contribution = Revenues - variable cost.
  • Contribution margin = contribution ÷ revenue.
  • Operating income = Revenue - total cost
  • Total cost = fixed cost + variable cost
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