What is the operating income, assuming actual sales total 25,000 units, and the sales mix is three
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Question:
What is the operating income, assuming actual sales total 25,000 units, and the sales mix is three units of Product X and one unit of Product Y?
The following information is for the Jeffries Corporation:
Product X: Revenue $16.00
Variable Cost $12.00
Product Y: Revenue $24.00
Variable $16.00
Total fixed costs $72.000
Options are
a. $75,000
b. $60,000
c. None of these answers are correct.
d. $50,000
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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