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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
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| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Calculating cost-volume profit elements The budgets of four companies yield the following information:
| Â |
Company |
 |  |  |
| Â |
Blue |
Red |
Green |
Yellow |
|
Sales revenue |
$ 960,000 |
$ (4) |
$ 770,000 |
$ (10) |
|
Variable costs |
(1) |
132,000 |
462,000 |
162,000 |
|
Fixed costs |
(2) |
145,000 |
220,000 |
(11) |
|
Operating income (loss) |
$ 32,000 |
$ (5) |
$ (7) |
$ 93,000 |
|
Units sold |
160,000 |
11,000 |
(8) |
(12) |
|
Contribution margin per unit |
$ 2.70 |
$ (6) |
$ 77.00 |
$ 16.00 |
|
Contribution margin ratio |
(3) |
0.70 |
(9) |
0.40 |
Requirements
1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.)
2. Z
3. What causes the low breakeven point?
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