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bosoxsilva bosoxsilva
wrote...
Posts: 334
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6 years ago
If the contribution margin ratio is 0.25, targeted operating income is $50,000, and targeted sales volume in dollars is $250,000, then total fixed costs are ________.
A) $11,500
B) $15,000
C) $20,000
D) $12,500
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wrote...
6 years ago
 D
Explanation:  D) (X + $50,000)/0.25 = $250,000; X = 12,500
bosoxsilva Author
wrote...
6 years ago
Thank you for your assistance, again and again
wrote...
6 years ago
My pleasure
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