If a company had a contribution margin of RM1,000,000 and a contribution margin ratio of 40%, total variable costs must have been O a RM2,500,000 Ob. RM600,000 OC. RM1,500,000. O d. RM400,000 A current asset is . usually found as a separate classification in the income statement. O b. the last asset purchased by a business. OC. an asset that a company expects to convert to cash or use up within one year. O d. an asset which is currently being used to produce a product or service