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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
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 (ie, column) separately. (Round variable cost per unit and contribution margin ratio to 2 decimal places, eg. 0.24) Selling price Total fixed costs Sales volume (units) Variable cost/unit $6 $11,700 31,000 Operating income $47,820 Tax rate After-tax profit Contribution margin ratio B $750 2,600 (1) $315 % (2) $33,474 (3) 25% $741,000 (4) $45: $: (5) $25: (6)
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