Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The budgets of four companies yield the following information: 5 Click the icon to view the budget information for the four companies.) Requirements 1. Fill
The budgets of four companies yield the following information: 5 Click the icon to view the budget information for the four companies.) Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Data Table Requirement 1. Fill in the blanks for each company. (Round the contribution margin per unit and ratio calculations to two decimal places.) Q R S T Target sales $ 445,000 $ 171,875 Company 625,000 $ 125,000 370,000 Variable expenses Fixed expenses 159.750 Q R S 159,000 88,000 $ Target sales. 625,000 $ 445,000 $ 171,875 $ 130,000 $ 143.000 Operating income (loss) Units sold. Variable expenses 125,000 159,750 80,000 106,800 17.750 11,000 10.00 $ Fixed expenses. 159,000 88,000 $ 36.00 Contribution margin per unit Contribution margin ratio 6.25 .80 130,000 $ $ $ 143,000 0.60 Operating income (loss) Units sold .... 106,800 11,000 17,750 Requirement 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Begin by determining the formula, then compute the break even sales for each company one at a time. (Complete answer boxes ounts with balance, make sure to enter "0" $ $ 6.25 $ 10.00 $ 36.00 appropriate cell.) Contribution margin per unit Contribution margin ratio ..... 0.60 )/ Breakeven sales Q + )/ Print Done R + ) S )4 T )4 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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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