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Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent Use a minus sign or parentheses to enter an operating loss.) Data Table Nantz Net Sales Revenue %$4 2.480,000 Variable Costs Company Fixed Costs Nantz Smith Eastman Whitman Operating Income (Loss) 315,800 Net Sales Revenue $ 2,480,000 $ (d $ 284,000 $6) Units Sold 155.000 Variable Costs (a) 189,000 142,000 151,200 Contribution Margin per Unit 24 3.20 Fixed Costs (b) 168,000 280.000 (k) Contribution Margin Ratio Operating Income (Loss) $4 315.800 $ (e) $ (9) S 87.600 Units Sold 155,000 10,500 (h) (1) Contribution Margin per Unit $ 3.20 $ () $ 71.00 $ 18.00 Contribution Margin Ratio (c) 60% 40% Requirements Print Done 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 breakeven point?

Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent Use a minus sign or parentheses to enter an operating loss.) Data Table Nantz Net Sales Revenue %$4 2.480,000 Variable Costs Company Fixed Costs Nantz Smith Eastman Whitman Operating Income (Loss) 315,800 Net Sales Revenue $ 2,480,000 $ (d $ 284,000 $6) Units Sold 155.000 Variable Costs (a) 189,000 142,000 151,200 Contribution Margin per Unit 24 3.20 Fixed Costs (b) 168,000 280.000 (k) Contribution Margin Ratio Operating Income (Loss) $4 315.800 $ (e) $ (9) S 87.600 Units Sold 155,000 10,500 (h) (1) Contribution Margin per Unit $ 3.20 $ () $ 71.00 $ 18.00 Contribution Margin Ratio (c) 60% 40% Requirements Print Done 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 breakeven point?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please round to the nearest cent.
Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Data Table Nantz Net Sales Revenue 2 480,000 Variable Costs Company Fixed Costs Nantz Smith Eastman Whitman Operating Income (Loss) %$. 315,800 Net Sales Revenue $ 2,480,000 $ (d) $ 284,000 Units Sold 155.000 Variable Costs (a) 189,000 142,000 151,200 Contribution Margin per Unit %24 3.20 Fixed Costs (b) 168,000 280.000 (k) Contribution Margin Ratio Operating Income (Loss) 315.800 $ (e) $ (g) $ 87.600 Units Sold 155 000 10,500 (h) Contribution Margin per Unit $ 3.20 $ (1) S 71.00 $ 18.00 Contribution Margin Ratio (c) 60% 40% Requirements Print Done 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 breakeven point?
Transcribed Image Text:Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.) Data Table Nantz Net Sales Revenue 2 480,000 Variable Costs Company Fixed Costs Nantz Smith Eastman Whitman Operating Income (Loss) %$. 315,800 Net Sales Revenue $ 2,480,000 $ (d) $ 284,000 Units Sold 155.000 Variable Costs (a) 189,000 142,000 151,200 Contribution Margin per Unit %24 3.20 Fixed Costs (b) 168,000 280.000 (k) Contribution Margin Ratio Operating Income (Loss) 315.800 $ (e) $ (g) $ 87.600 Units Sold 155 000 10,500 (h) Contribution Margin per Unit $ 3.20 $ (1) S 71.00 $ 18.00 Contribution Margin Ratio (c) 60% 40% Requirements Print Done 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 breakeven point?
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