The budgets of four companies yield the following information: Requirements 1. Fill in the blanks for each
Question:
Requirements
1. Fill in the blanks for each missing value. (Round the contribution margin 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 Up Down Left Right $ 900,000 $ (4) $ 710,000 S Sales revenue (10) Variable costs (1) 208,000 319,500 240,000 Fixed costs 135,000 235,000 (2) (11) (7) $ 49,000 $ 10,000 $ (5) $ Operating income (loss) Units sold 100,000 16,000 (8) (12) Contribution margin per unit 78.10 $ 3.60 $ (6) $ 10.00 Contribution margin ratio (3) 0.60 (9) 0.20
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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