CHAPTER 7 PROBLEMS Group A P7-61A Find missing data in CVP relationships (Learning Objectives 1& 2) The budgets of four companies yield the following information: Company S T Target sales $680,000 $445,000 $224,000 Variable expenses 170,000 270,000 $159.000 Fixed expenses.. $93.000 Operating income (loss) Units sold $150,000 $133,000 12,500 106,800 18,000 $35.00 Contribution margin per unit $6.25 $ 8.96 Contribution margin ratio 0.60 Requirements 1. Fill in the blanks for each company Compute breakeven, in sales dollars, for each company. Which company has the low est breakeven point in sales dollars? What causes the low breakeven point? 2. S