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Assume the following: sales = $200,000 unit sales = 10,000 the contribution margin ratio = 29% net operating income = $10,000 Given these four assumptions,
Assume the following:
sales = $200,000
unit sales = 10,000
the contribution margin ratio = 29%
net operating income = $10,000
Given these four assumptions, which of the following is true?
The total fixed expenses = $48,000
The total variable expenses = $58,000
The total contribution margin = $142,000
The break-even point is 8,810 units
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