If contribution margin is $140,000, sales is $300,000, and net income is $40,000, then variable and fixed expenses are $$\begin{array} { l l l }
& \text { Variable } & \text { Fixed } \
\text { a. } & \$ 160,000 & \$ 260,000 \
\text { b. } & \$ 160,000 & \$ 100,000 \
\text { c. } & \$ 100,000 & \$ 160,000 \
\text { d. } & \$ 440,000 & \$ 260,000
\end{array}$$

Question

If contribution margin is $140,000, sales is $300,000, and net income is $40,000, then variable and fixed expenses are $$\begin{array} { l l l } 
& \text { Variable } & \text { Fixed } \
\text { a. } & \$ 160,000 & \$ 260,000 \
\text { b. } & \$ 160,000 & \$ 100,000 \
\text { c. } & \$ 100,000 & \$ 160,000 \
\text { d. } & \$ 440,000 & \$ 260,000
\end{array}$$

Quizplus · Accepted Answer

The Answer of If contribution margin is $140,000, sales is $300,000, and net income is $40,000, then variable and fixed expenses are $$\begin{array} { l l l } 
& \text { Variable } & \text { Fixed } \
\text { a. } & \$ 160,000 & \$ 260,000 \
\text { b. } & \$ 160,000 & \$ 100,000 \
\text { c. } & \$ 100,000 & \$ 160,000 \
\text { d. } & \$ 440,000 & \$ 260,000
\end{array}$$

If Contribution Margin Is $140,000, Sales Is $300,000, and Net