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Koch's total fixed costs are $172,000. Koch's contribution margin ratio is 40%. How many dollars worth of product must Koch sell to break even? A)189,200
Koch's total fixed costs are $172,000. Koch's contribution margin ratio is 40%. How many dollars worth of product must Koch sell to break even?
A)189,200
B)172,000
C)68,800
D)240,800
E)430,000
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