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Answer the Following Questions Using the Information Below:
Assume the Following

Question 168

Multiple Choice

Answer the following questions using the information below:
Assume the following cost information for Fernandez Company:
 Selling price $120 per unit  Variable costs $80 per urit  Total fixed costs $80,000 Taxrate 40%\begin{array}{lr}\text { Selling price } & \$ 120 \text { per unit } \\\text { Variable costs } & \$ 80 \text { per urit } \\\text { Total fixed costs } & \$ 80,000 \\\text { Taxrate } & 40 \%\end{array}
-What minimum volume of sales dollars is required to earn an after-tax net income of $30,000?


A) $465,000
B) $330,000
C) $390,000
D) $165,000

Correct Answer:

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