Company X's actual sales are $400,000. The company has a margin of safety of $12,500. If the contribution margin ratio was 25%, what is Company X's fixed costs ($) O a. None of the given answers Ob. 96,875 O. 112,500 Od. 100,000 Oe. 87,500

Company X's actual sales are $400,000. The company has a margin of safety of $12,500. If the contribution margin ratio was 25%, what is Company X's fixed costs ($) O a. None of the given answers Ob. 96,875 O. 112,500 Od. 100,000 Oe. 87,500

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...

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Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.

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Company X's actual sales are $400,000. The company has a margin of safety of $12,500. If the contribution margin ratio was 25%,
what is Company X's fixed costs ($)
O a. None of the given answers
Оь. 96,875
O. 112,500
Od. 100,000
O e. 87,500

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