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Assume the following (1) variable expenses = $294,000, (2) unit sales - 10,000, (3) the contribution margin ratio = 25%, and (4) net operating
Assume the following (1) variable expenses = $294,000, (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 sales $367,500 The total contribution margin = $220.500 The total fixed expenses $73.500 The break-even point in sales dollars is $352.000
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