Product Cott has sales of $200,000, a contribution margin of 20%, and a margin of safety of $80,000. What is Cott's fixed cost?
a. $16,000
b. $24,000
c. $80,000
d. $96,000
Answer: B
Product Cott has sales of $200,000, a contribution margin of 20%, and a margin of safety of $80,000. What is Cott's fixed cost?
a. $16,000
b. $24,000
c. $80,000
d. $96,000
Answer: B