Answered step by step
Verified Expert Solution
Question
1 Approved Answer
re: 0 of 1 pt 11 of 12 (complete) v do -61A (similar to) budgets of four companies yield the following information: (Click the icon
re: 0 of 1 pt 11 of 12 (complete) v do -61A (similar to) budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) equirements Fill in the blanks for each company. 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.) 800,000 232,000 Target sales Variable expenses Fixed expenses ............. Operating income (loss) ... Units sold Contribution margin per unit .....$ Contribution margin ratio 213.000 Enter n umber in the edit fields and then click Check Answer 9 part remaining Clear All mpany. Which o i Data Table Round the contribu Company 190,000 270,000 Target sales Variable expenses Fixed expenses Operating income (loss) .. Units sold ...... .. 800,000 $ 400,000 $ 232,000 156,000 213,000 90,000 $ $ 140,000 . 125,000 12,000 9.50 $ 15,750 40.00 Contribution margin per unit . $ SIS 6.40 Contribution margin ratio 0.65 Print Done
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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