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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

  • $225,000

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