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Stites Corporation Will Make $100,000 If It Sells 8,000 Bathtubs

Question 138

Multiple Choice

Stites Corporation will make $100,000 if it sells 8,000 bathtubs for $200 per unit. If the contribution margin is 30%, what will the fixed costs be?

A) $380,000
B) $580,000
C) $1,020,000
D) $480,000

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