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If a factory has $12,000,000 in sales, profits of 9% of sales, and a contribution margin of 30 percent, what are its total fixed costs?

If a factory has $12,000,000 in sales, profits of 9% of sales, and a contribution margin of 30 percent, what are its total fixed costs?

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3600000 Explanation The contribution margin is 30 percent which means that for every dollar o... blur-text-image
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