Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The budgets of four companies yield the following information: Click the icon to view the budget information for the four companies) Road the requirements Requirement

image text in transcribed
image text in transcribed
The budgets of four companies yield the following information: Click the icon to view the budget information for the four companies) Road the requirements Requirement 1. Fill in the blanks for each masing value. (Round the contribution margin per unit to the nearest cont. Use a minus sign or parentheses to enter an operating foss) Up Down Left Right Not Sales Revenue $ 3.900,000 5 1.125.000 Variable Costs 132.000 787.500 79.200 Foxed Costs 203.000 156,000 Operating Income (Loss) $ 602,600 S 36,000 Units Sold 200.000 11,000 Contribution Margin per Unit $ 3.90 5 7500 S 12.00 Contribution Margin Ratio 70 % 40% 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 breakarven point in sales dollars for each company (Complete all input fields. Round the breakeven point-the required sales in dollars-up to the nearest whole dollar For example, $10,25 would be rounded to $11. Abbreviation used CM contribution margin - Required soos in dollar Choose from any ist or enter any number in the input fields and then continue to the next question 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 input fields. Round the breakeven point the required sales in doilars-up to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used CM contribution margin.) = Required sales in dollars Up Down Lat % - Right + Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? tas the lowest breakeven point, peimarily 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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing An International Approach

Authors: Wally Smieliauskas, Amy Kwan, Kathleen Cogliano, Catherine Barrette

8th Canadian Edition

1259451275, 978-1259451270

More Books

Students also viewed these Accounting questions