Question: The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units?

The contribution margin ratio is 60%. If total fixed costs are $22,000, then what is the total cost ($) of producing and selling 60,500 units? The selling price is $4 per unit. a. O 123,200 b. None of the given answers O C. O 220,000 d. O 145,200 e. O 96,800
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