Assume the Following Cost Information for Fernandez Company

question 186

Multiple Choice

Assume the following cost information for Fernandez Company:

What is the number of units that must be sold to earn an after-tax net income of $50,000? (Do not round interim calculations and round the final answer to the nearest unit.)

• A) 1,082 units
• B) 929 units
• C) 650 units
• D) 817 units

---

Definitions:

Worksheet

An accounting tool used for planning and preparing financial statements, typically including trial balance, adjusting entries, adjusted trial balance, and financial statements.

Depreciation Expense

The systematic allocation of the depreciable amount of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Salaries and Wages Expense

Salaries and wages expense refers to the total amount paid by a business for employee services during a specific period, including salaries, hourly wages, and bonuses.

Worksheet Column

A vertical section of a worksheet used in accounting and finance to organize data, calculations, or financial information systematically.