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Hopi Corporation expects the following operating results for next year: Sales $ 400,000 Margin of safety $ 100,000 Contribution margin ratio 75% Degree of operating
Hopi Corporation expects the following operating results for next year:
| Sales | $ 400,000 |
|---|---|
| Margin of safety | $ 100,000 |
| Contribution margin ratio | 75% |
| Degree of operating leverage | 4 |
What is Hopi expecting total fixed expenses to be next year?
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$75,000
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$100,000
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$200,000
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$225,000
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Cost Accounting Fundamentals Essentials Concepts And Examples
Authors: Steven M. Bragg
7th Edition
1642210846, 978-1642210842
