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For a sales level of 3,000,000 Mario Corp has: Degree of Operating Leverage - 2x Degree of Total Leverage - 3x Contribution Margin Ratio -
For a sales level of 3,000,000 Mario Corp has:
Degree of Operating Leverage - 2x
Degree of Total Leverage - 3x
Contribution Margin Ratio - 60%.
Compute the Fixed cost.
A. 600,000
B. 1,200,000
C. 900,000
D. None of the above
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