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If a firms fixed costs were increased by $12,000 and the contribution margin ratio remained at 60 percent, then sales must increase by $__________blank in
If a firms fixed costs were increased by $12,000 and the contribution margin ratio remained at 60 percent, then sales must increase by $__________blank in order to cover the additional fixed expenses:
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$20,000
$30,000
$36,000
$48,000
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