Assume the following (1) variable expenses = $300,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true?

Multiple Choice

• The total fixed expenses = $60,000
• The total contribution margin = $240,000
• The break-even point in sales dollars is $325,000
• The total sales = $360,000