Question: Given the following contribution income statement, how much contribution margin must this company have in order to cover its fixed costs (i.e. break even)? Total

 Given the following contribution income statement, how much contribution margin must

Given the following contribution income statement, how much contribution margin must this company have in order to cover its fixed costs (i.e. break even)? Total Unit Sales Revenue ( 1,000 units) $100,000 $100 Variable Expenses 60,000 60 Contribution Margin $ 40,000 $ 40 Fixed Expenses 36,000 Operating Income $ 4,000 a. $44,000 O b. $36,000 O c. $4,000 d. $76,000 O e. $40,000

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