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Assume the following (1) variable expenses = $303,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 25%, and (4) net operating income

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Assume the following (1) variable expenses = $303,000, (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? The variable expense ratio is 300% The total contribution margin = $227,250 The total sales = $404,000 The total fixed expenses = $75,750

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