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37. An ice cream stall is planning to sell 1,000 ice creams at $4 each at the next Gold Coast grand prix event. This will

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37. An ice cream stall is planning to sell 1,000 ice creams at $4 each at the next Gold Coast grand prix event. This will generate a contribution margin ratio of 75%. If the ice cream stall will break even at this level of sales, what are its fixed costs associated with the event. A. $1,000 B. $2,000. C. $3,000. D. $4,000. E. None of the above

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