Question & Answer: orecast the D) analyse a firms profitability and help to decide wealth distribution among its stakeholders cost of c…..

C) forecast the D) analyse a firms profitability and help to decide wealth distribution among its stakeholders cost of capital for a given period of time Answer the followin Assume the following cost information for Fernandez Company: Selling price Variable costs Total fixed costs Tax rate $120 per unit 580 per unit $80,000 40% 41) What minimum volume of sales dollars is required to earn an after-tax net income of $30,000? 41) A) $330,000 B) $465,000 C) $165,000 D) $390,000 42) Which of the following forms a part of decision making in CVP analysis? 42) 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 43) 43) 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 B) 2.50 times C) 2.00 times D) 1.00 time A) 1.50 times Answer the following questions using the information below: The following information is for Alex Corp: $15.00 2.50 $25.00 Product X: Revenue Variable Cost Product Y: Revenue Variable Cost $10.00 $50,000 Total fixed costs 44) What is the operating income, assuming actual sales total 150,000 units, and the sales mix is two 44) units of Product X and one unit of Product Y? D) $1,850,000 B) $1,950,000 C) $2,150,000 A) $1,750,000 45) B) contribution margin less variable costs D) sales revenue less variable costs 45) Gross margin is A) sales revenue less cost of goods sold C) contribution margin less fixed costs