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Discuss what are total fixed expenses

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Reference no: EM131759331

If the contribution margin ratio is 45%, target operating income is $50,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?

A. $135,000
B. $85,000
C. $185,000
D. $22,500

Reference no: EM131759331

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