If a factory has $12,000,000 in sales, profits of 9% of sales, and a contribution margin of

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If a factory has $12,000,000 in sales, profits of 9% of sales, and a contribution margin of 30 percent, what are its total fixed costs?

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Cost Management Measuring Monitoring and Motivating Performance

ISBN: 978-0470769423

2nd Canadian edition

Authors: Leslie G. Eldenburg, Susan Wolcott, Liang-Hsuan Chen, Gail Cook

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Posted Date: Oct 30, 2022 06:48 AM

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If a factory has $12,000,000 in sales, profits of 9% of sales, and a contribution margin of

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3600000 Explanation The contribution margin is 30 percent which means that for every dollar o... View the full answer

Cost Management Measuring Monitoring and Motivating Performance

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