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P7-61A Find missing data in CVP relationships Problems Group A Find missing data in CVP relationships (Learning Objectives 1 & 2) The budgets of four
P7-61A Find missing data in CVP relationships
Problems Group A Find missing data in CVP relationships (Learning Objectives 1 & 2) The budgets of four companies yield the following information: P7-61A Company Target sales S680,000 $445,000 S224,000 Variable expenses 170,000 270,000 Fixed expenses - $159.000 S 93.000 Operating income (loss) $150,00 S133.000 Units sold 106,800 12,500 18,000 Contribution margin per unit 6.25 S 8.96 $35.00 Contribution margin ratio 0.60 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 pointStep by Step Solution
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