During 2018 a company sells backpacks at 535 each. The contribution margin ratio is 12%. The company broke even this year by selling 300 backpacks What O a $1,260 Ob $1,470 Oc. $9,240 Od. $3,600

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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During 2018 a company sells backpacks at $35 each. The contribution margin ratio is 12%. The company broke even this year by selling 300 backpacks What was the company's food cos?
O a $1,260
Ob $1,470
Oc $9,240
Od $3,600
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Transcribed Image Text:During 2018 a company sells backpacks at $35 each. The contribution margin ratio is 12%. The company broke even this year by selling 300 backpacks What was the company's food cos? O a $1,260 Ob $1,470 Oc $9,240 Od $3,600 Next page
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