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The contribution margin ratio is 30%. If total fıxed costs are $24,000, then what is the total cost ($) of producing and selling 73,205 units? The selling price is $2 per unit. a. 43,923 O b. 102,487 C. 122,410 d. None of the given answers e. 19,923

The contribution margin ratio is 30%. If total fıxed costs are $24,000, then what is the total cost ($) of producing and selling 73,205 units? The selling price is $2 per unit. a. 43,923 O b. 102,487 C. 122,410 d. None of the given answers e. 19,923

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 30%. If total fixed costs are $24,000, then what is the total cost ($) of producing and selling 73,205 units? The selling price is $2 per unit. O a. 43,923 O b. 102,487 C. 122,410 O d. None of the given answers e. 19,923
Transcribed Image Text:The contribution margin ratio is 30%. If total fixed costs are $24,000, then what is the total cost ($) of producing and selling 73,205 units? The selling price is $2 per unit. O a. 43,923 O b. 102,487 C. 122,410 O d. None of the given answers e. 19,923
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