How much are the company fixed costs

Reference no: EM13131405

Bayani Company is planning to sell 100,000 units for $3 a unit and will just breakeven at this level of sales. The contribution margin ratio is 40%. How much are the company's fixed costs?

a) $180,000

b) $40,000

c) $120,000

d) cannot be determined with the information given

Reference no: EM13131405

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