Question
Assume the following (1) variable expenses $312.000. (2) unit sales - 10,000, (3) the contribution margin ratio 25%, and (4) net operating income $10.000.
Assume the following (1) variable expenses $312.000. (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? Mutiple Choice The break-even point in sales dollars is $376,000 The total fixed expenses $78.000 The total contributon margin $234,000 The total sales-$300,000
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
