Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 41%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses = $118,000 ○ The variable expense per unit = $8.20 ○ The total contribution margin = $82,000
Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 41%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses = $118,000 ○ The variable expense per unit = $8.20 ○ The total contribution margin = $82,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio=41%, and (4) net operating income = $10,000. Given these four
assumptions, which of the following is true?
Multiple Choice
О
The total fixed expenses = $118,000
о
The variable expense per unit = $8.20
о
The total contribution margin = $82,000
о
The break-even point is 7,222 units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa52be2d7-63ee-401c-9b72-7fcb623f0e6f%2F5a40a2d8-0fba-47f2-8564-2ed54e07d55d%2Frd48bbi_processed.png&w=3840&q=75)
Transcribed Image Text:Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio=41%, and (4) net operating income = $10,000. Given these four
assumptions, which of the following is true?
Multiple Choice
О
The total fixed expenses = $118,000
о
The variable expense per unit = $8.20
о
The total contribution margin = $82,000
о
The break-even point is 7,222 units
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