Bayani company is planning to sell 100000 units for 3 a, Ask an Expert

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Bayani Company is planning to sell 100,000 units for $3 a unit and will just breakeven at this level of sales. The contribution margin ratio is 40%. How much are the company's fixed costs?

a) $180,000

b) $40,000

c) $120,000

d) cannot be determined with the information given

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9411601

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