11 of 12 (10 complete) P7-61A (similar to) The budgets of four companies yield the following information: Click the icon to view the budget information for the four companies.) Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven poi Requirement 1. Fill in the blanks for each company. (Round the contribution margin per unit and ratio calculations to two decimal places.) Q R S T Target sales $ 800,000 $ 400,000 $ 190,000 $ 900,000 Variable expenses 232,000 140,000 76,000 270,000 Fixed expenses 355,000 156,000 90,000 490,000 $ 213,000 $ 104,000 $ 24,000 $ 140,000 Operating income (loss) Units sold 88,750 125,000 12,000 15,750 Contribution margin per unit $ 6.40 $ 2.08 $ 9.50 $ 40.00 Contribution margin ratio 0.71 0.65 0.60 0.70 Requirement 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low Begin by determining the formula, then compute the break even sales for each company one at a time. (Complete all answer boxes. For amounts with a $0 balar Fixed expenses 490000 + Operating income + 140000 Enter any number in the edit fields and then click Check Answer. 4 parts remaining Contribution margin ratio Breakeven sales 0.70 700000 Clear All