Question: > Problems Group A P21-49A Calculating cost-volume profit elements Objectives 1, 2, 3 The budgets of four companies yield the following information: Company Blue Red
> Problems Group A P21-49A Calculating cost-volume profit elements Objectives 1, 2, 3 The budgets of four companies yield the following information: Company Blue Red Green Yellow $960,000 (d) 770,000 132,000 Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold 462,000 220,000 162,000 145,000 g) 93,00o 32,000 160,000 2.70 S ( 11,000 Contribution Margin per Unit 77.00 16.00 40% Contribution Margin Ratio 70% 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? ves 1, 2,3 P21-50A Calculating break even sales and sales to earn a target profith
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