The budgets of four companies yield the following information: Requirements 1. Fill in the blanks for each
Question:
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?
Transcribed Image Text:
Company Yellow Blue Red Green $ 1,900,000 $ 1,500,000 Net Sales Revenue (d) 24 Variable Costs (a) 1,050,000 47,250 256,200 Fixed Costs (b) 168,000 (k) 159,000 Operating Income (Loss) (e) (g) 298,500 97,800 Units Sold (h) (1) 190,000 9,000 Contribution Margin per Unit (f) 3.00 75.00 18.00 (c) Contribution Margin Ratio (i) 80% 30%
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Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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