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please show work Answer the following questions using the information below: Assume the following cost information for Fernandez Company: What minimum volume of sales dollars
please show work
Answer the following questions using the information below: Assume the following cost information for Fernandez Company: What minimum volume of sales dollars is required to earn an after-tax net income of $30,000? A) $330,000 B) $465,000 C) $165,000 D) $390,000 Which of the following forms a part of decision making in CVP analysis? A) decision to advertise B) decision to improve the efficiency of the work force C) decision to form a capital policy D) selection of inventory method for financial reporting purposes Sales of Blistre Autos are 350,000, variable cost is 200,000, fixed cost is 75,000, tax rate is 20%. Calculate the operating leverage of the company A) 1.50 times B) 2.50 times C) 2.00 times D) 1.00 time Answer the following questions using the information below: The following information is for Alex Corp: What is the operating income, assuming actual sales total 150,000 units, and the sales mix is two units of Product X and one unit of Product Y? A) $1, 750,000 B) $1, 950,000 C) $2, 150,000 D) $1, 850,000 Gross margin is _____. A) sales revenue less cost of goods sold B) contribution margin less variable costs C) contribution margin less fixed costs D) sales revenue less variable costsStep by Step Solution
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