Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Nantz Smith Eastman Whitman $ 2,080,000 Net Sales Revenue Variable Costs $ 1,017,500 610,500 232,000 198,000 174,000 112,200 Fixed Costs Operating Income (Loss) $ L $ 58,400 Units Sold 353,100 160,000 3.90 11,000 Contribution Margin per Unit $ $ 74.00 $ 17.00 40 % Contribution Margin Ratio 60 % 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. (Complete all answer boxes. Round the breakeven point the required sales in dollarsup to the nearest whole dollar. For example, $10.25 would be rounded to $11. Abbreviation used: CM = contribution margin.) + Required sales in dollars Nantz + Smith 10 % % % = = [ = + Eastman + Whitman % + = Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? V has the lowest breakeven point, primarily due to Data Table Nantz $ 2,080,000 (a) Company Smith Eastman Whitman $ (d) $ 1,017,500 $ (i) 198,000 610,500 112,200 174,000 232,000 $ (e) $ (g) $ 58,400 11,000 (h) $ (f) $ 74.00 $ 17.00 Net Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio (b) $ 353,100 160,000 3.90 $ (c) 60% 40%