Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assume the following (1) sales = $200,000,(2) unit

Assume the following (1) sales = $200,000,(2) unit sales =10,000,(3) the contribution margin ratio =25%,...

80.2K

Verified Solution

Question

Accounting

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
The total fixed expenses = $150,000
The variable expense ratio is 300%
The total contribution margin = $40,000
The break-even point is 8,000 units

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

Q

Sally and Mike are playing frisbee at the beach. When Sally throws the frisbee the probability...

Statistics
Q

The average driving distance​ (yards) and driving accuracy​(percent of drives that land in the​ fairway) for...

Statistics
Q

Please list the sources of contamination in animal cell culture, and list the precautions you would...

Biology
Q

Describe in your own words what you learned about perception from taking this test and how...

General Management
Q

Which type of RNA carries amino acids to ribosomes for assembly into proteins A microRNA...

Biology
Q

Mendel used the garden Olily carrot onion pea plant for his studies on inheritance QUESTION...

Biology
Q

When a defendant files a n defense he is attacking the plaintiff s pleading as...

Statistics
Q

Consider the following piecewise defined function Answer 2 Points 7 2 3 4 ifx 3...

Calculus
Q

a quadratic equation in standard form that has the characteristics listed below Then graph your...

Algebra
Q

What is the effect of increased workplace diversity on teams? Select one: a. Business partners...

Accounting
Q

Cari dnemde 21.000 adetlik retimle balayan Forward Co., 8.400 adetlik retimi tamamlam olup, devam eden...

Accounting
Q

Suppose you buy a 7 percent annual coupon, 20-year maturity bond today. The bond has...

Finance