The Following Information Is for Alex Corp

question 185

Multiple Choice

The following information is for Alex Corp:



What is the operating income,assuming actual sales total 120,000 units,and the sales mix is two units of Product X and one unit of Product Y?

• A)1,159,500
• B)1,200,000
• C)1,960,000
• D)1,240,500

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Definitions:

Crowding-out

is an economic theory suggesting that increased government spending leads to a reduction in private sector spending, potentially due to higher interest rates.

Full Employment

A situation in an economy when all available labor resources are being used in the most efficient way possible, typically characterized by the absence of cyclical unemployment.

Annual Deficit

The shortfall in a government's income compared to its spending in a given fiscal year.

George Bush

Refers to either George H.W. Bush, the 41st President of the United States (1989-1993), or his son George W. Bush, the 43rd President of the United States (2001-2009), each having made lasting impacts on American and international politics.