Question: The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units?

The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. a. None of the given answers b. 116.755 C. 59.895 d. 139,755 e. 176,650

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