Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0 The budgets of four companies yield the following information: Click the icon to view the budget information for the four companies.) Read the requirements.

image text in transcribed

0 The budgets of four companies yield the following information: Click the icon to view the budget information for the four companies.) Read the requirements. Requirement 1. Fill in the blanks for each missing value Round the contribution margin per unit to the nearest cant. Use a minus signar parentheses to enter an operating loss.) Blue Red Green Yellow Net Sales Revenue $ 2,187,500 240.000 $ 490,000 Variable Costa 1,750,000 72.000 245,000 100.800 Fred Costs 177,000 175,000 300,000 Operating Income (Loss) $ 260.500 103.000 $ 50.400 Unit Sold 125 000 8,000 Contribution Margin per Unit $ 3.50 $ 70.00 $ 12.00 Contribution Margin Ratio 20 % 70 % 40% Requirements 2 and 3. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars for each company (Complete al input fields. Round the breakeven point the required sales in dollars-up to the nearest whole dollar. For example, S10.25 would be rounded to $11. Abbreviation used: CM - contribution margin ) + + = Required sales in dollars Blue 4 % Rad % + + Green + % ) 1+ Yellow % Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? has the lowest breakeven paint, primarly due to Data Table A Requirements Yellow 30) 100,800 1. Fil in the blanks for each missing value. (Round the contribution margin per unit to the nearest cont.) 2. Which company has the lowest breakeven point in sales dollars? 3. What causes the low breakeven point? Company Red Green S (d) 490,000 72,000 245,000 175,000 300,000 $(a) $(9) $ 8.000 ch) $ (1) $ 70.00 $ 70% Blue Net Sales Revenue $ 2.187,500 Variable Costs (a) Fixed Costs (b) (b) Operating Income (Loss) $ 260,500 Units Sold 125,000 Contribution Margin per Unit $ 3.50 Contribution Margin Ratio (c) 1) Print Dane 50,400 0. 12.00 40% Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Sector Accounting

Authors: Rowan Jones, Maurice Pendlebury

6th Edition

0273720368, 9780273720362

More Books

Students also viewed these Accounting questions

Question

Fixed dollar match: 75 cents per each $1 employee contribution.

Answered: 1 week ago