The budgets of four companies yield the following information: Company Q R S T Target sales...
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The budgets of four companies yield the following information: Company Q R S T Target sales $680,000 $445,000 $224,000 Variable expenses 170,000 270,000 Fixed expenses $159,000 $ 93,000 Operating income (loss) $150,000 $ $ $133,000 Units sold 106,800 12,500 18,000 Contribution margin per unit $ 6.25 $ $ 8.96 $ 35.00 Contribution margin ratio 0.60 Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point? The budgets of four companies yield the following information: Company Q R S T Target sales $680,000 $445,000 $224,000 Variable expenses 170,000 270,000 Fixed expenses $159,000 $ 93,000 Operating income (loss) $150,000 $ $ $133,000 Units sold 106,800 12,500 18,000 Contribution margin per unit $ 6.25 $ $ 8.96 $ 35.00 Contribution margin ratio 0.60 Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point in sales dollars? What causes the low breakeven point?
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3 Q Company 4 1 Sales Less Variable Cost 5 680000 170000 Co... 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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