Question: I do not sure how to solve this question. P7-61A Find missing data in CVP relationships (Learning Objectives 1 (3'2) The budgets of four companies
I do not sure how to solve this question.



P7-61A Find missing data in CVP relationships (Learning Objectives 1 (3'2) The budgets of four companies yield the following information: Company Target sales $680,000 $445,000 $224,000 _$ Variable 1 70,000 270,000 expenses Fixed $159,000 _$ 93,000 expenses Operating $150,000 _$ _$ $133,000 income (loss) Units sold 106,800 12,500 18,000 Contribution $ 6.25 _$ $ 8.96 $ 35.00 margin per unit Contribution 0.60 margin ratio Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point
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