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41. A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are ______________?
41. A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are ______________?
a. $480,000.
b. $600,000.
c. $150,000.
d. $144,000.
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