Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ratio is

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Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ratio is 25%.

If Gossen will break even at this level of sales, what are the fixed costs?

(a) $100,000.

(c) $200,000.

(b) $160,000.

(d) $300,000.

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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