Question: The contribution margin ratio is 50%. If total fixed costs are $21,000, then what is the total cost (S) of producing and selling 55,000 units?

The contribution margin ratio is 50%. If total fixed costs are $21,000, then what is the total cost (S) of producing and selling 55,000 units? The selling price is $5 per unit O a 137,500 Ob. None of the given answers c 116.500 d137.500 De 254,000

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