Question: Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus s Baker
Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus s Baker Carey Doren Everest 1,072,500630000 252,000 150,000 482,500 Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Solcd Contribution Margin per Unit Contribution Margin Ratio 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. (C 643500 277,500 303,600 360400 68,600 130,000 3.30 228,000 S 68,500 14.000 74.00 11.00 401 % 60 % 20 % $11. Abbreviation used: CM contribution margin.) Fixed costsTarget profitMratioRequired sales in doilars Baker Carey Doren Everest Which company has the lowest breakeven point in sales doliars? What causes the iow breakeven point? Y has the lowest breakeven point, primarily due to
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