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During the Current Year,Fairview Corporation Sold 100,000 Units of Its

Question 97

Multiple Choice

During the current year,Fairview Corporation sold 100,000 units of its product for $20 each.The variable cost per unit was $14,and Fairview's margin of safety was 40,000 units.What was the amount of Fairview's total fixed costs?


A) $240,000
B) $560,000
C) $840,000
D) $360,000

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