Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Data table Company Q R S T Target sales. $ 757,500 $ 415,625 $ $ 190,000 Variable expenses 242,400 270,000 Fixed expenses. 160,000 90,000
Data table Company Q R S T Target sales. $ 757,500 $ 415,625 $ $ 190,000 Variable expenses 242,400 270,000 Fixed expenses. 160,000 90,000 $ 175,100 $ $ $ 140,000 Operating income (loss) I Units sold 118,750 12,000 15,750 $ Contribution margin per unit. $ 6.06 9.50 $ 40.00 Contribution margin ratio 0.64 Print Done - X X 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 break-even, in sales dollars, for each company. Which company has the lowest break-even point in sales dollars? What causes the low break-even point? Requirement 1. Fill in the blanks for each company. (Round the contribution margin per unit and ratio calculations to two decimal places.) Target sales Variable expenses Q R 757,500 $ 415,625 242,400 Fixed expenses 340,000 160,000 175,100 4 Operating income (loss) Units sold 85,000 118,750 Contribution margin per unit $ 6.06 Contribution margin ratio. 0.68 0.64
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started