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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 $10,000.
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 variable expense per unit = $5 The total contribution margin = $50,000 The break-even point is 9,000 units < Prev 7 of 20 Next >
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