For 2013, Fairview Corporation Sold 100,000 Units of Its Product

question 49

Multiple Choice

For 2013, 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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