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    Introduction to Management Accounting Study Set 3
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    Exam 2: Introduction to Cost Behavior and Cost Volume Relationships
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    If the Contribution- Margin Ratio Is 0
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If the Contribution- Margin Ratio Is 0

Question 24

Question 24

Multiple Choice

If the contribution- margin ratio is 0.30, targeted net income is $76,800, and targeted sales volume in dollars is $480,000, then total fixed costs are:


A) $44,160
B) $144,000
C) $67,200
D) $23,000

Correct Answer:

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