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The contribution m producing and selli

The contribution m producing and selli

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The contribution margin ratio is 60%. If total fixed costs are $22,0000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. O a. 123,200 O b. 145,200 O c. 96,800 O d. None of the given answers O e. 220,00O US PAGE NEXT PAGE 14:09 O a d0 ENG 15-04-2021 re to search W to i prt sc delete home end 96 & + backspace num 3 8 9 lock V. E R T U 8 A home D F J K L enter L. pause B N M ↑ shift 1 1 end alt ctrl
Transcribed Image Text:The contribution margin ratio is 60%. If total fixed costs are $22,0000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. O a. 123,200 O b. 145,200 O c. 96,800 O d. None of the given answers O e. 220,00O US PAGE NEXT PAGE 14:09 O a d0 ENG 15-04-2021 re to search W to i prt sc delete home end 96 & + backspace num 3 8 9 lock V. E R T U 8 A home D F J K L enter L. pause B N M ↑ shift 1 1 end alt ctrl
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