The budgets of four companies yield the following information: Requirements 1. Fill in the blanks for each
Question:
The budgets of four companies yield the following information:
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 breakevenpoint?
Transcribed Image Text:
Company Blue Red Green Yellow (4) $ 770,000 s $ 960,000 S Sales revenue (10) Varia ble costs (1) 132,000 462,000 162,000 Fixed costs (2) 145,000 220,000 (11) Operating income (loss) Units sold $ 32,000 $ (7) $ 93,000 (5) $ 160,000 11,000 (8) (12) 2.70 $ (6) $ Contribution margin per unit 77.00 %24 16.00 Contribution margin ratio (3) 0.70 (9) 0.40
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1 Blue Red Green Yellow Sales revenue 960000 4 440000 770000 10 270...View the full answer
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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