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Find what are the fixed costs for crane company

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Reference no: EM132843570

Problem 1: Crane Company is planning to sell 200000 hammers for $6 per unit. The contribution margin ratio is 20%. If Crane will break even at this level of sales, what are the fixed costs?

a) $240000
b) $560000
c) $960000
d) $800000

Reference no: EM132843570

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