BAC132-99 Little Summer 2020 Lielle Saad | 6 | 07/06/20 11:20 PM Homework: Chapter 20 Problems Save Score: 1.64 of 6 pts 2 of 2 (2 complete) HW Score: 55.3%, 6.64 of 12 pts P20-37A (similar to) Question Help The budgets of four companies yleld the following information: (Click the icon to view the budget information for the four companies.) Read the recuirements Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Rainy 500,000 Windy 227,500 $ S $ $ Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Sunny 1,312,500 787,500 354,800 170,200 Cloudy 730,000 584,000 112.000 34,000 1 136,500 15,200 $ 150.000 140.000 210,000 12,500 28.00 S S $ 75,800 6,500 175,000 2.000 Units Sold Contribution Margin per Unit Contribution Margin Ratio $ 3.00 S $ 73.00 $ 14.00 40 % 70 % 20 % 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 all answer boxes. Round the breakeven pointthe required sales in dollars-up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) Enter any number in the edit fields and then click Check Answer. 2 parts 4 remaining Clear All Check Answer Read the requirements. Net Sales Revenue $ 500,000 730,000 $ 227,500 Variable Costs 1,312,500 787,500 354,800 150,000 584,000 136,500 15,200 Fixed Costs 140,000 210,000 112,000 34,000 Operating Income (Loss) 170,200 $ 75,800 6,500 Units Sold 175,000 12,500 2,000 Contribution Margin per Unit 3.00 28.00 73.00 $ 14.00 Contribution Margin Ratio 40 % 70 % 20 % 40 % Requ ements 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 all answer boxes. Round the breakeven pointthe required sales in dollars-up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) ( Fixed costs + CM ratio = Required sales in dollars Target profit )/ 11 Sunny ( $ 354,800 + 40 % Enter any number in the edit fields and then click Check Answer. ? 4 parts remaining Clear All Check Answer BAC132-99 Little Summer 2020 Lielle Saad | 6 | 07/06/20 11:20 PM Homework: Chapter 20 Problems Save Score: 1.64 of 6 pts 2 of 2 (2 complete) HW Score: 55.3%, 6.64 of 12 pts P20-37A (similar to) Question Help The budgets of four companies yleld the following information: (Click the icon to view the budget information for the four companies.) Read the recuirements Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Rainy 500,000 Windy 227,500 $ S $ $ Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Sunny 1,312,500 787,500 354,800 170,200 Cloudy 730,000 584,000 112.000 34,000 1 136,500 15,200 $ 150.000 140.000 210,000 12,500 28.00 S S $ 75,800 6,500 175,000 2.000 Units Sold Contribution Margin per Unit Contribution Margin Ratio $ 3.00 S $ 73.00 $ 14.00 40 % 70 % 20 % 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 all answer boxes. Round the breakeven pointthe required sales in dollars-up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) Enter any number in the edit fields and then click Check Answer. 2 parts 4 remaining Clear All Check Answer Read the requirements. Net Sales Revenue $ 500,000 730,000 $ 227,500 Variable Costs 1,312,500 787,500 354,800 150,000 584,000 136,500 15,200 Fixed Costs 140,000 210,000 112,000 34,000 Operating Income (Loss) 170,200 $ 75,800 6,500 Units Sold 175,000 12,500 2,000 Contribution Margin per Unit 3.00 28.00 73.00 $ 14.00 Contribution Margin Ratio 40 % 70 % 20 % 40 % Requ ements 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 all answer boxes. Round the breakeven pointthe required sales in dollars-up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) ( Fixed costs + CM ratio = Required sales in dollars Target profit )/ 11 Sunny ( $ 354,800 + 40 % Enter any number in the edit fields and then click Check Answer. ? 4 parts remaining Clear All Check
