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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 m Down Right
Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a m Down Right Up 2,625,000 $ Left $ 1,777,500 1,422,000 116,000 106,400 224,000 150,000 Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio $ 85,900 344,600 175,000 3.00 14.000 CA $ 79.00 $ 19.00 % 60 % % 50 % Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars for each compa to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) ( Fixed costs + Target profit )/ CM ratio Required sales in dollars Up ( + )/ % = II Down + % = Left % = + + Right % 11 Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? has the lowest breakeven point, primarily due to Right Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio Up $ 2,625,000 (a) (b) $ 344,600 175,000 $ 3.00 Company Down Left $(d) $ 1,777,500 224,000 1,422,000 150,000 116,000 $ (e) $ (9) $ 14,000 (h) $ (1) $ 79.00 $ 60% (1) $0) 106,400 (k) 85,900 (0) 19.00 (c) 50% 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.) 2. Which company has the lowest breakeven point in sales dollars? 3. What causes the low breakeven point
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