variable expenses - $312.000 2. unit sales - 10,000 3. the contribution margin ratio = 20% 4. net operating income - $10,000 Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses $62.400 The break even point in sales dollars is $340.000 The total contribution margin-$249.600 The total sales5374,400

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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1. variable expenses - $312.000
2. unit sales - 10,000
3. the contribution margin ratio = 20%
4. net operating income = $10,000
Given these four assumptions, which of the following is true?
Multiple Choice
The total fxed expenses - $62.400
The break even point in sales dollars is $340.000
The total contribution margin-$249.600
The total sales $374,400
Transcribed Image Text:1. variable expenses - $312.000 2. unit sales - 10,000 3. the contribution margin ratio = 20% 4. net operating income = $10,000 Given these four assumptions, which of the following is true? Multiple Choice The total fxed expenses - $62.400 The break even point in sales dollars is $340.000 The total contribution margin-$249.600 The total sales $374,400
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