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Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 45%, and (4) net operating income =
Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 45%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true?
Multiple Choice
The total fixed expenses = $80,000
The break-even point is 5,000 units
The total variable expenses = $90,000
The total contribution margin = $110,000
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