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What are the fixed costs for crane company

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Reference no: EM132794981

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

Option 1: $240000

Option 2: $800000

Option 3: $560000

Option 4: $960000

Reference no: EM132794981

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