Product Cott has sales of $200,000, a contribution margin of 20%, and a margin of safety of

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Product Cott has sales of $200,000, a contribution margin of 20%, and a margin of safety of $80,000.What is Cott's fixed cost?
a. $16,000
b. $24,000
c. $80,000
d. $96,000
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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