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Requirements 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.) 2. Which company has the
Requirements 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? The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. 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.) Blue Red Green Yellow Net Sales Revenue $ 1,680,000 $ 2,567,500 Variable Costs 56,250 2,054,000 124,200 Fixed Costs 176,000 114,000 Operating Income (Loss) $ 155,200 $ 66,000 Units Sold 120,000 7,500 Contribution Margin per Unit $ 2.80 $ 79.00 $ 12.00 Contribution Margin Ratio % 80 % % 40 % 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 Blue + ) % = Red + ) - % = Green + ) - % = Yellow + ) - % = Which company has the lowest breakeven point in sales dollars? What causes the low breakeven poi has the lowest breakeven point, primarily due to
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