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Crane Companyis planning to sell200000hammers for $6per unit. The contribution margin ratio is20%. IfCranewill break even at this level of sales, what are the fixed
Crane Companyis planning to sell200000hammers for $6per unit. The contribution margin ratio is20%. IfCranewill break even at this level of sales, what are the fixed costs?
a) $240000
b) $560000
c) $960000
d) $800000
WHat letter is correct?
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