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The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements.
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.) Net Sales Revenue Nantz $ 1,024,000 i Data Table Variable Costs Fixed Costs Operating Income (Loss) $ 67,000 Units Sold 160,000 Company Contribution Margin per Unit $ 3.20 Nantz Smith Eastman Whitman Contribution Margin Ratio % Net Sales Revenue $ 1,024,000 $(d) $ 600,000 $ (j) Variable Costs (a) 80,000 420,000 Fixed Costs (b) 232,000 162,000 61,600 (k) Operating Income (Loss) $ 67,000 $ (e) $(g) $ 40,600 Units Sold 160,000 16,000 (h) (1) Contribution Margin per Unit $ Contribution Margin Ratio 3.20 $ (f) $ 72.00 $ 11.00 (c) 80% (i) 50% 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? Print Done
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