Assume the following (1) variable expenses = $304,000, (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

1) The total fixed expenses = $60,800

2) The break-even point in sales dollars is $330,000

3) The total contribution margin = $243,200

4) The total sales = $364,800