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P7-61A (similar to) Question Help The budgets of four companies yield the following information: (Click the icon to view the budget information for the four
P7-61A (similar to) Question Help 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 point? Requirement 1. Fill in the blanks for each company. (Round the contribution margin per unit and ratio calculations to two decimal places.) 0 Data Table Target sales...... Variable expenses..... 800,000 232,000 Fixed expenses.............. 213,000 Operating income (loss) ........ T Units sold.................. . - Target sales................. $ 6.40 Contribution margin per unit .... $ Contribution margin ratio ........ Company Q R S 800,000 $ 480,000 $ 236,000 232,000 165,000 94,000 213,000 $ $ Variable expenses .......... 270,000 133,000 Fixed expenses............ $ Operating income (loss)...... Units sold Contribution margin per unit .. $ 110,000 $ $ 12,500 9.44 $ 18,000 35.00 6.40 Contribution margin ratio .. 0.55 Print [ Done Print Done
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