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

Short Answer

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