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Assume the following: 1. variable expenses = $285,000 2. unit sales = 10,000 3. the contribution margin ratio = 40% 4. net operating income =
Assume the following: 1. variable expenses = $285,000 2. unit sales = 10,000 3. the contribution margin ratio = 40% 4. net operating income = $10,000 Given these four assumptions, which of the following is true? here to search G-SYNC Multiple Choice The variable expense ratio is 150% The total sales = $475,000 The total fixed expenses = $114,000 The total contribution margin = $171,000 C C MW EPIC
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