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Answer the Following Questions Using the Information Below

Question 93

Multiple Choice

Answer the following questions using the information below:
Stephanie's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,000, variable costs are $400, and fixed costs are $90,000.
-How many dresses must the Bridal Shoppe sell to yield after-tax net income of $18,000, assuming the tax rate is 40%?


A) 200 dresses
B) 170 dresses
C) 150 dresses
D) 145 dresses

Correct Answer:

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