Multiple Choice
Booble,Inc.has a contribution margin ratio of 45%.This month,sales revenue was $200,000,and profit was $40,000.How much are Booble's fixed costs?
A) $18,000
B) $45,000
C) $50,000
D) $90,000
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q84: Rodeo,Inc.has a contribution margin ratio of 45%.This
Q85: Lavender Inc has the following information for
Q86: Elm uses the high-low method of estimating
Q87: A mixed cost:<br>A)is fixed over a wider
Q88: Sugar Corp.has a selling price of $20,variable
Q90: Winston uses the high-low method.It had an
Q91: A grocery store wants to encourage its
Q92: Newport,Inc.used Excel to run a least-squares regression
Q93: What is the difference between full absorption
Q94: Sage,Inc.used Excel to run a least-squares regression