Question: 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

 1. Fill in the blanks for each missing value. (Round the

contribution margin per unit to the nearest cent.) 2. Which company hasthe lowest breakeven point in sales dollars? 3. What causes the lowbreakeven point? Data Table Windy $0) Net Sales Revenue Variable Costs Fixed

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? Data Table Windy $0) Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio Sunny $ 1,800,000 (a) (b) $ 178,600 120,000 3.00 (c) Company Rainy Cloudy $(d) $ 390,000 66,000 234,000 192,000 236,000 $ (e) $ (g) $ 11,000 (h) $ (1) $ 78.00 $ 80% (1) 208,000 (k) 45,400 (1) 10.00 20% 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.) Sunny Rainy Windy 1,800,000 $ Net Sales Revenue Variable Costs Cloudy 390,000 234,000 66,000 208,000 Fixed Costs 192,000 236,000 $ 178,600 $ 45,400 Operating Income (Loss) Units Sold 120,000 11,000 $ 3.00 $ 78.00 $ 10.00 Contribution Margin per Unit Contribution Margin Ratio % 80 % % 20 % Requirements 2. and 3. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? 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 pointthe required sales in dollars-up to 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 + Sunny + 0 % = Rainy + 0 % Cloudy ( + 0 % Windy + 0 % Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? V has the lowest breakeven point, primarily due to its low fixed costs

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