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The budgets of four companies yield the following information: 3 Click the icon to view the budget information for the four companies.) Read the requirements
The budgets of four companies yield the following information: 3 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.) Baker Carey Doren Everest x Data Table Net Sales Revenue $ 936,000 Variable Costs 47,250 $ 1,300,000 910,000 168,000 131,100 160,000 Company Fixed Costs Operating Income (Loss) Units Sold $ 23,000 113,100 Baker Everest 120,000 9,000 Net Sales Revenue $ 936,000 $() $ 3.90 $ 78.00 $ 19.00 Contribution Margin per Unit Contribution Margin Ratio Variable Costs 131,100 % 80 % % 50 % (a) (b) 23,000 (k) $ Carey Doren $ (d) $ 1,300,000 47,250 910.000 160,000 168,000 $ (e) $ (9) $ 9,000 (h) $ (1) $ 78.00 $ 80% (0) 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. rounded to $11. Abbreviation used: CM = contribution margin.) 113,100 Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio 120,000 0 19.00 $ 3.90 + ) / = Required sales in dollars (c) 50% Baker ( + ) / % Carey ( + % Print Done 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 Choose from any list or enter any number in the input fields and then continue to the next
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