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XYZ Company's Sales Are $750,000 with Operating Profits of $130,000

Question 70

Multiple Choice

XYZ Company's sales are $750,000 with operating profits of $130,000.If the contribution margin ratio is 40%,what did the fixed costs amount to?

A) $370,000.
B) $300,000.
C) $270,000.
D) $170,000.

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