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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.) Requirements 1. Fill
The budgets of four companies yield the following information: (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? 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.. $ 757,500 $ 445,000 $ 162,500 Variable expenses. 242,400 360,000 159,000 81,000 Fixed expenses. $ 175,100 $ 152,000 Operating income (loss) Units sold... 106,800 Contribution margin per unit $ 6.06 15,625 8.32 $ 20,000 32.00 Contribution margin ratio.. 0.60 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 all answer boxes. For amounts with a $0 balance, make sure to enter "0" ir R S T + = Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? has the lowest breakeven point, primarily due to Breakeven sales Data table Q Company R S T Target sales.. Variable expenses Fixed expenses $ 757,500 $ 445,000 $ 162,500 242,400 360,000 $ 159,000 $ 81,000 $ Operating income (loss) Units sold.... $ 175,100 $ 152,000 106,800 15,625 20,000 $ Contribution margin per unit ... $ Contribution margin ratio.... 6.06 $ 8.32 $ 32.00 0.60 Print Done
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