equirements: 1 Fill in the blanks for each missing value. Round the contribution margin per unit to the nearest cent. Build all formulas within the cells. All cells in yellow require an answer. 2 Calculate the breakeven point in sales dollars. Requirement 1 Sales revenue Variable costs Fixed costs Operating income (loss) Units sold Contribution margin per unit Contribution margin ratio Requirement 2 Required sales in units Beach Lake Mountain Valley Beach $1,615.000 $285,000 170,000 $3.80 Company Lake $ 60,000 $ 232,000 $ 10,000 Fixed costs + Target profit Contribution margin ratio 80% $ Mountain 10,500,000 525,000 260,000 75.00 Valley 100,800 $31,500 $9.00 30%
equirements: 1 Fill in the blanks for each missing value. Round the contribution margin per unit to the nearest cent. Build all formulas within the cells. All cells in yellow require an answer. 2 Calculate the breakeven point in sales dollars. Requirement 1 Sales revenue Variable costs Fixed costs Operating income (loss) Units sold Contribution margin per unit Contribution margin ratio Requirement 2 Required sales in units Beach Lake Mountain Valley Beach $1,615.000 $285,000 170,000 $3.80 Company Lake $ 60,000 $ 232,000 $ 10,000 Fixed costs + Target profit Contribution margin ratio 80% $ Mountain 10,500,000 525,000 260,000 75.00 Valley 100,800 $31,500 $9.00 30%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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Transcribed Image Text:Week 3 Assignment Template
Requirements:
1 Fill in the blanks for each missing value. Round the contribution margin per unit to the nearest cent.
Build all formulas within the cells. All cells in yellow require an answer.
2 Calculate the breakeven point in sales dollars.
Requirement 1
Sales revenue
Variable costs
Fixed costs
Operating income (loss)
Units sold
Contribution margin per unit
Contribution margin ratio
Requirement 2
Required sales in units
Beach
Lake
Mountain
Valley
=
=
=
=
Beach
$1,615,000
$285,000
170,000
$3.80
Company
Lake
60,000 $
232,000 $
10,000
Fixed costs + Target profit
Contribution margin ratio
Mountain
$ 10,500,000
80%
$
=
=
=
=
525,000
260,000
75.00
Valley
100,800
$31,500
$9.00
30%
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