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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
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 ope Baker Carey Doren Everest Net Sales Revenue $ 3.420,000 $ 1.330.000 Variable Costs 54.000 1.064.000 101400 Fixed Costa 224,000 118.000 Operating Income (L03) 503,600 $ 52 800 Units Sold 180.000 8.000 Contribution Margin per Unit 5 76.00 $ 13.00 Contribution Margin Ratio 80% 40 % Requirements 2 and 3. Which company has the lowest breakeven point in sales dolars? 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 ali input folds. Round the dolor. For example, 510.25 would be rounded to $11. Abbreviation used: CM = contribution margin) Required sales in dollars Baker $ 5 3.80 Carey Doren Everest Requirements 2. and 3. Which company has the lowest breakeven point in sales dollars? What causes the low break Begin by showing the formula and then entering the amounts to calculate the breakeven point in sales dollars for each dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) )+ = Required sales in dollars Baker Carey Doren % 11 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 i Data Table Baker Everest Net Sales Revenue $0) Variable Costs $ 3,420,000 (a) (6) 101,400 Fixed Costs Operating Income (Loss) Units Sold Company Carey Doren S (d) $ 1,330,000 54,000 1,064,000 224,000 118,000 $ (g) $ 8,000 (h) $0 76.00 $ 80% $ 503,600 $ (e) 52,800 180,000 (1) 3.80 13.00 Contribution Margin per Unit S Contribution Margin Ratio (c) 40% Print Done 0 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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