Assume the following (1) variable expenses = $286,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total sales = $343,200 The total fixed expenses = $57,200 The break-even point in sales dollars is $307,500 The total contribution margin = $228,800

Assume the following (1) variable expenses = $286,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total sales = $343,200 The total fixed expenses = $57,200 The break-even point in sales dollars is $307,500 The total contribution margin = $228,800

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 47E: Klamath Company produces a single product. The projected income statement for the coming year is as...

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