Question: Assume the following ( 1 ) variable expenses = $ 3 1 2 , 0 0 0 , ( 2 ) unit sales = 1

Assume the following (1) variable expenses = $312,000,(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?

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