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The budgets of four companies yield the following information (Click the icon to view the budget information for the four companies) Read the requirements Requirement 1. Fill in the blanks for each missing value (Round the contribution margin per unit to the nearest cent. U 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 breakeven point? Net Sales Revenue Baker 1,320,000 Data table Print Done Variable Costs Fixed Costs Operating Income (Loss) $ 207,000 Company Units Sold 200,000 Baker Carey Doren Everest Contribution Margin per Unit $ 3.30 Net Sales Revenue $ 1,320,000 $ (d) $ 1,750,000 $ (j) Contribution Margin Ratio: % Variable Costs (a) 65,625 1,400,000 156,000 Fixed Costs (b) 200,000 118,000 (k) Operating Income (Loss) Units Sold $ 207,000 200,000 $ (e) 12,500 $ (9) $ 88,000 Contribution Margin per Unit S Contribution Margin Ratio 3.30 $ (1) S (h) 70.00 $ (1) 16.00 (c) 80% (0) 40%

The budgets of four companies yield the following information (Click the icon to view the budget information for the four companies) Read the requirements Requirement 1. Fill in the blanks for each missing value (Round the contribution margin per unit to the nearest cent. U 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 breakeven point? Net Sales Revenue Baker 1,320,000 Data table Print Done Variable Costs Fixed Costs Operating Income (Loss) $ 207,000 Company Units Sold 200,000 Baker Carey Doren Everest Contribution Margin per Unit $ 3.30 Net Sales Revenue $ 1,320,000 $ (d) $ 1,750,000 $ (j) Contribution Margin Ratio: % Variable Costs (a) 65,625 1,400,000 156,000 Fixed Costs (b) 200,000 118,000 (k) Operating Income (Loss) Units Sold $ 207,000 200,000 $ (e) 12,500 $ (9) $ 88,000 Contribution Margin per Unit S Contribution Margin Ratio 3.30 $ (1) S (h) 70.00 $ (1) 16.00 (c) 80% (0) 40%

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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The budgets of four companies yield the following information (Click the icon to view the budget information for the four companies) Read the requirements Requirement 1. Fill in the blanks for each missing value (Round the contribution margin per unit to the nearest cent. U 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 breakeven point? Net Sales Revenue Baker 1,320,000 Data table Print Done Variable Costs Fixed Costs Operating Income (Loss) $ 207,000 Company Units Sold 200,000 Baker Carey Doren Everest Contribution Margin per Unit $ 3.30 Net Sales Revenue $ 1,320,000 $ (d) $ 1,750,000 $ (j) Contribution Margin Ratio: % Variable Costs (a) 65,625 1,400,000 156,000 Fixed Costs (b) 200,000 118,000 (k) Operating Income (Loss) Units Sold $ 207,000 200,000 $ (e) 12,500 $ (9) $ 88,000 Contribution Margin per Unit S Contribution Margin Ratio 3.30 $ (1) S (h) 70.00 $ (1) 16.00 (c) 80% (0) 40%
Transcribed Image Text:The budgets of four companies yield the following information (Click the icon to view the budget information for the four companies) Read the requirements Requirement 1. Fill in the blanks for each missing value (Round the contribution margin per unit to the nearest cent. U 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 breakeven point? Net Sales Revenue Baker 1,320,000 Data table Print Done Variable Costs Fixed Costs Operating Income (Loss) $ 207,000 Company Units Sold 200,000 Baker Carey Doren Everest Contribution Margin per Unit $ 3.30 Net Sales Revenue $ 1,320,000 $ (d) $ 1,750,000 $ (j) Contribution Margin Ratio: % Variable Costs (a) 65,625 1,400,000 156,000 Fixed Costs (b) 200,000 118,000 (k) Operating Income (Loss) Units Sold $ 207,000 200,000 $ (e) 12,500 $ (9) $ 88,000 Contribution Margin per Unit S Contribution Margin Ratio 3.30 $ (1) S (h) 70.00 $ (1) 16.00 (c) 80% (0) 40%
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