Assume the following (1) variable expenses = $282,000, (2) unit sales = 10,000, (3) the...
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Assume the following (1) variable expenses = $282,000, (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 = $70,500 The break-even point in sales dollars is $336,000 The total contribution margin = $211,500 The total sales = $352,500
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