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Mnenie [13.5K]
2 years ago
10

Fill in the blanks for each of the following independent cases.

Business
1 answer:
denis-greek [22]2 years ago
4 0
  • The correct form to fill the blanks of the following independent cases is:

<u>Case    Revenues variable    Fixed   Total  operating   contribution </u>

<u>                               cost         cost     cost income margin      Contribution</u>

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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