FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Crane Company is planning to sell 208000 pliers for $4 per unit. The contribution margin ratio is 25%. If Crane will break even at this
level of sales, what are the fixed costs?
O $208000.
O $104000.
O $166400.
O $312000.
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Transcribed Image Text:Crane Company is planning to sell 208000 pliers for $4 per unit. The contribution margin ratio is 25%. If Crane will break even at this level of sales, what are the fixed costs? O $208000. O $104000. O $166400. O $312000.
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