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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
2-28 Basic Review Exercises
Fill in the blanks for each of the following independent cases (ignore income taxes):
Sales Variable Expenses Contribution Margin Fixed Expenses Net Income
1. $900,000 $500,000 $ — $350,000 $ —
2. 800,000 — 350,000 — 80,000
3. — 600,000 340,000 250,000 —
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