Company X's actual sales are $400,000. The company has a margin of safety of $12,500. If the contribution margin ratio was 25%, what is Company X's fixed costs ($) O a. None of the given answers Ob. 96,875 O. 112,500 Od. 100,000 Oe. 87,500

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Company X's actual sales are $400,000. The company has a margin of safety of $12,500. If the contribution margin ratio was 25%,
what is Company X's fixed costs ($)
O a. None of the given answers
Оь. 96,875
O. 112,500
Od. 100,000
O e. 87,500
Transcribed Image Text:Company X's actual sales are $400,000. The company has a margin of safety of $12,500. If the contribution margin ratio was 25%, what is Company X's fixed costs ($) O a. None of the given answers Оь. 96,875 O. 112,500 Od. 100,000 O e. 87,500
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