Question: 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 costs
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
