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20. A company has total fixed costs of $275,000 and a contribution margin ratio of 25%. What are total sales needed to break even? a.
20. A company has total fixed costs of $275,000 and a contribution margin ratio of 25%. What are total sales needed to break even? a. $68,750 b. $11,000 c. $1,100,000 d. $6,875,000
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