Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assume the following: 1. variable expenses = $285,

Assume the following: 1. variable expenses = $285,000 2. unit sales = 10,000 3....

70.2K

Verified Solution

Question

Accounting

Assume the following: 1. variable expenses = $285,000 2. unit sales = 10,000 3. the contribution margin ratio = 40% 4. net operating income = $10,000 Given these four assumptions, which of the following is true? Multiple Choice O The variable expense ratio is 150% The total sales = $475,000 The total fixed expenses = $114,000 The total contribution margin = $171,000
image
Given these four assumptions, which of the following is true? Multiple Choice The variable expense ratio is 150% The total sales =$475,000 The total fixed expenses =$114,000 The total contribution margin =$171,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

1. Where does the impulse of the plantar reflex go that is different from a muscle...

Biology
1.2K views

compare dsDNA to ssDNA and dsRNA to ssRNA and DNA to RNA

General Management
1.2K views

A company has a production at a rate of 200 units per day. 80 units will...

Biology
1.2K views

What is the chance of a tall white offspring if one parent is heterozygous tall...

Physics
1.2K views

The work done in taking a charge q once round a circle of radius r...

Physics
1.2K views

56 A composite slab consists of two different materials having equal cross sectional area but...

Calculus
1.2K views

Does the relation represent y as a function of x?Yes, because y may be positive...

Algebra
1.2K views

Complete the trinomial so that it is a perfect square Then factor the trinomial x...

Accounting
1.2K views

Jemima's Outfits has a store in Dixie Outlet Mall. Jemima's Outfits specializes in high-class ladies...

Accounting
1.2K views

2 Problem 9-1 Making an Equipment Replacement Decision (LO1- CC2) Santosh Plastics...

Accounting
1.2K views

Sunland Inc. manufactures basketballs for professional basketball associations. For the first six months of 2022,...

Accounting
1.2K views

Please solve: Joey's Bike Shop sells new and used bicycle parts. Although a majority...