Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i Data Table Company 146,250 The budgets of four companies yield the following information: (Click the icon to view the budget information for the four
i Data Table Company 146,250 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 cause 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...................$ 828,125 $ 450,000 $ 146,250 Variable expenses............. 298,125 270,000 Fixed expenses.............. 153,000 82,000 Operating income (loss)..... $ 230,000 $ 140,000 Units sold..................... 120,000 13.000 15.750 Contribution margin per unit .... $ 6.25 $ 9.00 $ 40.00 Contribution margin ratio ...... 0.60 Target sales................$ Variable expenses .......... 828,125 $ 450,000 $ 298,125 153,000 230,000 270,000 Fixed expenses. 82,000 $ $ $ 140,000 Operating income (loss) ...... Units sold .......... 120,000 S s 13,000 9.00 $ 15,750 40.00 Contribution margin per unit .. $ 6.25 Contribution margin ratio .... 0.60_ Requirement 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? Print Done Begin by determining the formula, then compute the break even sales for each company one at a time. (Complete all answer boxes. For am Breakeven sales R ( si Choose from any list or enter any number in the input fields and then continue to the next
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