Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ratio is…
Gossen Company is planning to sell 200,000 pliers for $4 per unit. The contribution margin ratio is 25%. If Gossen will break even at this level of sales, what are the fixed costs?
(a)$100,000.
(b)$160,000.
(c)$200,000.
(d)$300,000.