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QUESTION
Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ration is 25%. If Gossen will break even at this level of
Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ration is 25%. If Gossen will break even at this level of sales, what are the fixed costs? The answer is $200,000. How do you get this answer?
