Question
Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 32%, and (4) net operating income =
Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 32%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true?
Multiple Choice
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The total fixed expenses = $54,000
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The break-even point is 8,611 units
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The total contribution margin = $136,000
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The total variable expenses = $64,000
Assume the following (1) selling price per unit = $25, (2) variable expense per unit = $13, (3) unit sales = 2,610, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be:
Multiple Choice
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$40,250.
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$6,320.
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$27,610.
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$8,930.
Assume the following (1) variable expenses = $280,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true?
Multiple Choice
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The total sales = $350,000
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The variable expense ratio is 400%
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The total contribution margin = $224,000
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The total fixed expenses = $56,000
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