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Maroon Company's Contribution Margin Ratio Is 24

Question 125

Multiple Choice

Maroon Company's contribution margin ratio is 24%.Total fixed costs are $84,000.What is Maroon's break-even point in sales dollars?

A) $20,160.
B) $110,526.
C) $350,000.
D) $240,000.
E) $84,000.

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