Question
The budgets of four companies yield the following information: Company Up Down Left Right Sales revenue $703,000 ($4) $612,000 ($10) Variable costs -1 152,100 293,760
The budgets of four companies yield the following information: Company Up Down Left Right Sales revenue $703,000 ($4) $612,000 ($10) Variable costs -1 152,100 293,760 156,000 Fixed costs -2 121,000 137,000 -11 Operating income (loss) $25,200 ($5) ($7) $31,000 Units sold 190,000 10,000 -8 -12 Contribution margin per unit $1.48 ($6) $99.45 $12.00 Contribution margin ratio -3 0.22 -9 0.2 PrintDone The budgets of four companies yield the following information:
quirements
1. | Fill in the blanks for each missing value. |
2. | Which company has the lowest breakeven point in sales dollars? |
3. | What causes the low breakeven point? |
(Round the contribution margin per unit to the nearest cent. Enter the ratio as a decimal rounded to two decimal places. Use parentheses or a minus sign for operating losses.)
Requirement 1. Fill in the blanks for each missing value.
|
| Up |
| Sales revenue | $703,000 |
| Variable costs |
|
| Fixed costs |
|
| Operating income (loss) | $25,200 |
| Units sold | 190,000 |
| Contribution margin per unit | $1.48 |
| Contribution margin ratio |
|
Down |
|
152,100 |
121,000 |
|
10,000 |
|
0.22 |
Left |
$612,000 |
293,760 |
137,000 |
|
|
$99.45 |
|
Right |
|
156,000 |
|
$31,000 |
|
$12.00 |
0.20 |
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