What is the operating income, assuming actual sales total 25,000 units, and the sales mix is three

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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 answer-question

Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

See More Books

Posted Date: May 03, 2019 10:06 AM

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What is the operating income, assuming actual sales total 25,000 units, and the sales mix is three

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Expert Answer:

Sales mix is 31 of Product X and y No of x units sold 2500043 18750 No of Y ... View the full answer

Principles Of Managerial Finance

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