6) Assume the following (1) variable expenses = $288,000, (2) unit sales = 10,000, (3)...
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Accounting
6) Assume the following (1) variable expenses = $288,000, (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?
Multiple Choice
The total fixed expenses = $72,000
The break-even point in sales dollars is $344,000
The total contribution margin = $216,000
The total sales = $360,000
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