Hopi Corporation expects the following operating results for next year: Sales $...
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Accounting
Hopi Corporation expects the following operating results for next year:
| Sales | $ 400,000 |
|---|---|
| Margin of safety | $ 100,000 |
| Contribution margin ratio | 75% |
| Degree of operating leverage | 4 |
What is Hopi expecting total fixed expenses to be next year?
-
$75,000
-
$100,000
-
$200,000
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$225,000
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