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Assume the following (1) variable expense = $312,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 25%, and (4) net operating income
Assume the following (1) variable expense = $312,000, (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?
a) the total fixed expenses = 78,000
b) the break even point in sales dollars is = 376,000
c) the contribution margin - 234,000
d) the total sales = 390,000
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