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Some financial information for each of three companies is reflected below in columns A, B, and C. Use your knowledge of CVP relationships to fill
Some financial information for each of three companies is reflected below in columns A, B, and C. Use your knowledge of CVP relationships to fill in the missing pieces numbered (1) through (9). Consider each company (i.e., column) separately. (Round variable cost per unit and contribution margin ratio to 2 decimal places, e.g. 0.24.) A B C Selling price $6 $700 Total fixed costs $11,700 (4) $434,000 Sales volume (units) 28,000 2,700 Variable cost/unit (1) $336 $32.76 (5) $352,240 Operating income $42,060 Tax rate % (2) 25% $627,975 After-tax profit Contribution margin ratio $29,442 (3) 40% (6) 0.64 ling price al fixed costs A $6 $11,700 B $700 es volume (units) 28,000 2,700 iable cost/unit (1) $336 erating income $42,060 rate % (2) 25% er-tax profit $627,975 ntribution margin ratio $29,442 (3) C (4) $434,000 $32.76 (5) $352,240 40% (6) 0.64 (7) (8) (9)
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