Sales $ 400,000
Hopi Corporation expects the following operating results for next year:
Sales $ 400,000
Margin of safety $ 100,000
Contribution margin ratio 65%
Degree of operating leverage 4
What is Hopi expecting total fixed expenses to be next year?
A. $75,000
B. $100,000
C. $195,000
D. $225,000
Answers: 2
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Do you know the correct answer?
Hopi Corporation expects the following operating results for next year:
Sales $ 400,000
Sales $ 400,000
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