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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.) Selling price Total fixed costs Sales volume (units) Variable cost/unit Operating income Tax rate After-tax profit Contribution margin ratio A $5 $11,700 32,000 $31,500 .85 $22,050 (1) % (2) (3) B $800 2,300 $304 25% $758,475 (4) (5) (6) $438,000 $32.04 $302,480 40% 0.64
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