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

question 63

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.
• E)$130,000.

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Definitions:

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Cognitive-Behavioral

Pertaining to a therapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

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