Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ratio is
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Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ratio is 25%. If Gossen will break even at this level of sales, what are the fixed costs?
(a) $100,000.
(b) $160,000.
(c) $200,000.
(d) $300,000.
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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