Question: Include the contribution margin on your spreadsheet P7-61A Find missing data in CVP relationships (Learning Objectives 1 & 2) The budgets of four companies yield
Include the contribution margin on your spreadsheet
P7-61A Find missing data in CVP relationships (Learning Objectives 1 & 2) The budgets of four companies yield the following information: Company $680,000 $445,000 $224,000 Target sales. Variable expenses Fixed expenses Operating income (loss) . Units sold Contribution margin per unit Contribution margin ratio 170,000 270,000 $159.000 $ 93,000 .. $150,000 $ $$133,000 106,800 12,500 18,000 $6.25 $S 8.96 35.00 0.60 Requirements 1. Fill in the blanks for each company. 2. 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? P7-62A Find breakeven and target profit and prepare inrnmn nt
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