Assume the following (1) sales-$200,000, (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 O The total fixed expenses-$40,000 The total variable expenses- $50.000 The total contribution margin-$150,000 Help Save & Exit The break even point is 9.000 units
Assume the following (1) sales-$200,000, (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 O The total fixed expenses-$40,000 The total variable expenses- $50.000 The total contribution margin-$150,000 Help Save & Exit The break even point is 9.000 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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