If contribution margin is $120,000, sales is $300,000, and net income is $40,000, then variable and fixed expenses are $\begin{array}{lll}&\text { Variable }& \text { Fixed }\
\text { a. } & \$ 180,000 & \$ 260,000 \
\text { b. } & \$ 180,000 & \$ 80,000 \
\text { c. } & \$ 80,000 & \$ 180,000 \
\text { d. } & \$ 420,000 & \$ 260,000
\end{array}$

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The Answer of If contribution margin is $120,000, sales is $300,000, and net income is $40,000, then variable and fixed expenses are $\begin{array}{lll}&\text { Variable }& \text { Fixed }\
\text { a. } & \$ 180,000 & \$ 260,000 \
\text { b. } & \$ 180,000 & \$ 80,000 \
\text { c. } & \$ 80,000 & \$ 180,000 \
\text { d. } & \$ 420,000 & \$ 260,000
\end{array}$

If Contribution Margin Is $120,000, Sales Is $300,000, and Net