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Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or
Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Baker Carey Doren Everest $ 1,820,000 48,750 $ 1,283,750 770,250 228,000 113,100 240,000 Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio $ $ 58,600 7,500 274,500 130,000 4.20 % $ $ 79.00 $ 13.00 80 % % 40 % + 7 Requirements 2. and 3. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars for each company. (Complete all input fields. Round the breakeven pointthe required sales in dollarsup to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) ) = = Required sales in dollars Baker ( )= % Carey ( + ) = % Doren ( % = + Everest % Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? has the lowest breakeven point, primarily due to
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