The budgets of four companies yield the following information: Company Blue Red Green Yellow Net Sales...
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The budgets of four companies yield the following information: Company Blue Red Green Yellow Net Sales Revenue $ 1,900,000 (d) $ 1,500,000 (1) Variable Costs (a) 47,250 1,050,000 256,200 Fixed Costs (b) 168,000 159,000 (k) Operating Income (Loss) 298,500 (e) (g) 97,800 Units Sold 190,000 9,000 (h) (1) Contribution Margin per Unit 3.00 (f) 75.00 $ 18.00 Contribution Margin Ratio (c) 80% (i) 30% 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? The budgets of four companies yield the following information: Company Blue Red Green Yellow Net Sales Revenue $ 1,900,000 (d) $ 1,500,000 (1) Variable Costs (a) 47,250 1,050,000 256,200 Fixed Costs (b) 168,000 159,000 (k) Operating Income (Loss) 298,500 (e) (g) 97,800 Units Sold 190,000 9,000 (h) (1) Contribution Margin per Unit 3.00 (f) 75.00 $ 18.00 Contribution Margin Ratio (c) 80% (i) 30% 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?
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Answer rating: 100% (QA)
1 Blue Red Green Yellow Net Sales Revenue 1900000 236250 1500000 366000 Variable Cost 1330000 47250 1050000 256200 Fixed Cost 271500 168000 159000 120... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Posted Date:
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