Question

In: Accounting

The budgets of three companies yield the following information. fill in the blanks for each missing...

The budgets of three companies yield the following information. fill in the blanks for each missing value. Carey Company: Net sales Revenue ________, Variable Costs 196,000, Fixed Costs 162,000, Operating Income (loss)__________, Units Sold 14,000, Contribution Margin per Unit__________, Contribution Margin Ratio 60%.

Doren Company: Met Sales Revenue 950,000, Variable Costs 760,000, Fixed Costs 100,000, Operating Income(loss)__________, Units Sold_________, Contribution Margin per Unit $76.00, Contribution Margin Ratio____________.

Everest Company: Net Sales Revenue___________, Variable Costs 186,300, Fixed Costs____________, Operating Income (loss) 107,800, Units Sold_____________, Contribution Margin per Unit $18.00, Contribution Margin Ratio 40%.

Solutions

Expert Solution

1.Carey Company: Net sales Revenue 490000, Operating income 132000, Contribution margin Per unit 21

2. Doren Company : Operating Income 90000, Unit Sold 2500 , Contribution Margin Ratio 20%

3. Everest Company : Net Sales Revenue 310500, Fixed Cost 16400, Unit Sold 6900


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