Some financial information for each of three companies is reflected below in columns A, B, and...
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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 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 4 $31,500 $22,050 .27 (1) % (2) (3) B $800 2,300 $304 25% $758,475 (4) (5) (6) с $438,000 $32.04 $302,480 40% 0.64 C (૯ (5 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 4 $31,500 $22,050 .27 (1) % (2) (3) B $800 2,300 $304 25% $758,475 (4) (5) (6) с $438,000 $32.04 $302,480 40% 0.64 C (૯ (5
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Lets solve the missing pieces numbered 1 through 9 for each of the columns A B and C Starting with Column A 1 Variable cost per unit We know that the operating income is calculated as sales minus vari... View the full answer
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