1. Complete a CVP Income Statement using the following data: Sales: $450,250; Total VC: $375,000; Total FC: $98,000 2. Jordan Company sells a product, Product 250, which has the following data: SP: S50.75; VC/unit: $25.75; Total FC: $110,000 a. What is the CM/unit? b. What is the BE in units c. What is the BE in dollars? 3.Goldman Company has sales of $1,200,000 and total VC of $695,000 a. What is Goldman Company's CM? b. If they sold 25,000 units, what is the CM/Unit? c. What is the SP/Unit? 4. Aldredge Company sells Product Z for $425. VC/unit are $225 and FC are $135,000 a. b. c. d. What is the CM/unit? What is the BE in units? What is the CM Ratio? Using the CM Ratio, what is the BE in dollars 5. Using the data in # 4 above, prepare a CVP Income Statement assuming 990 units are sold. 6. Keaubie Company produces product ABC, which has a SP of $95, VC/Unit of S45, and FC of $100,000 a. What is the BE in Units (Use CM Method)? b. What is the CM Ratio? If XYZ has sales totaling $235,000, how much of it is used to cover FC and contribute to NI? c. 7. Morrison Company's information is as follows: SP: $200; VC/Unit: $85; FC: $575,000 a. b. c. d. What is the CM/Unit? What is the CM Ratio? What is the BE in Sales Units? Sales dollars? If Morrison would like a NI of $402,500, how many units must they sell