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 to the nearest cent.)
2. Which company has the lowest breakeven point in sales dollars?
3. What causes the low breakeven point?
Transcribed Image Text:
Company Beach Lake Mountain Valley $1,531,250 (d) (a) 79,750 (b) 160,000 $ 2,340,000 $ Sales Revenue Variable Costs Fixed Costs Operating Income (Loss) Units Sold Contribution Margin per Unit Contribution Margin Ratio 1,872,000 112,000 275,600 60,700 249,700 175,000 11,000 3.50 $ $72.00 13.00 80% 20%
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Requirement 1 Company Beach Lake Mountain Valley Sales Revenue 1531250 d398750 2340000 j 344500 Vari...View the full answer
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Related Book For
Horngrens Accounting
ISBN: 978-0133866889
11th edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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