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Assume the following: 1. sales = $200,000 2. unit sales = 10,000 3. the contribution margin ratio = 41% 4. net operating income = $10,000
Assume the following: 1. sales = $200,000 2. unit sales = 10,000 3. the contribution margin ratio = 41% 4. net operating income = $10,000 Given these four assumptions, which of the following is true? Multiple Choice O O O The total contribution margin = $118,000 The total variable expenses = $82,000 The total fixed expenses = $72,000 The break-even point is 7,222 units
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