If the Contribution Margin Ratio Is 32%,target Operating Income Is

question 36

Multiple Choice

If the contribution margin ratio is 32%,target operating income is $60,000,and the sales revenue needed to achieve the target operating income is $400,000,what are total fixed expenses?

• A)$ 68,000
• B)$128,000
• C)$ 19,200
• D)$188,000

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