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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. Requirement

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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. 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.) Up Down Left Right Net Sales Revenue $ 1,160,000 240,000 $ 693,000 201,400 Variable Costs 696,000 24,000 346,500 100,700 Fixed Costs 360,800 180,000 18,000 Operating Income (Loss) 103,200 36,000 61,500 $ 82,700 Units Sold 160,000 8,000 4,500 5,300 Contribution Margin per Unit $ 2.90 27 $ 77.00 $ 19.00 Contribution Margin Ratio 40 % 90 % 50 % 50 % 285,000 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 answer boxes. Round the breakeven point-t the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) Fixed costs + Target profit / CM ratio = Required sales in dollars Up ( 902,000 + D ) % = Down ( 200,000 + D ) % = 1 Left D ( 5 70,000+ ) % = Right ( 36,000 + D ) % Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? Right Company has the lowest breakeven point, primarily due to its low fixed costs i Data Table Company Down Left Up Right $ 1,160,000 $ (d) $ 693,000 (a) 24,000 346,500 (b) 180,000 285,000 $() 100,700 (k) Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio $ 103,200 160,000 $(e) 8,000 $ (9) $ (h) 82,700 (1) $ 2.90 $ (1) $ 77.00 $ 19.00 (c) 90% 50%

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