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Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution...

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Question

Accounting

Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 35%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true?

Multiple Choice

The total fixed expenses = $130,000

The variable expense per unit = $7.00

The total contribution margin = $70,000

The break-even point is 8,333 units

Answer & Explanation Solved by verified expert
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