Question: Assume the following (1) variable expenses = $308,000, (2) unit sales - 10,000, (3) the contribution margin ratio = 30%, and (4) net operating income

Assume the following (1) variable expenses = $308,000, (2) unit sales - 10,000, (3) the contribution margin ratio = 30%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total contribution margin-$215,600 The total fixed expenses $92,400 The total sales - $440,000 The variable expense ratio is 233%

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