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Assume the following (1) sales = $200,000, (2) unit sales = 10,000. (3) the contribution margin ratio = 25%, and (4) net operating Income =
Assume the following (1) sales = $200,000, (2) unit sales = 10,000. (3) the contribution margin ratio = 25%, and (4) net operating Income = $10,000 Given these four assumptions, which of the following is true?
Multiple Choice The total fixed expenses = $150,000
The total contribution margin = $40,000
The variable expense ratio is 300%
The break-even point is 8,000 units
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