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    Last Year Easton Corporation Reported Sales of $720,000, a Contribution
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Last Year Easton Corporation Reported Sales of $720,000, a Contribution

Question 113

Question 113

Multiple Choice

Last year Easton Corporation reported sales of $720,000, a contribution margin ratio of 30% and a net loss of $24,000. Based on this information, the break-even point was:


A) $640,000
B) $880,000
C) $744,000
D) $800,000

Correct Answer:

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