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  3. last year easton corporation reported sales of $89

Last year Easton Corporation reported sales of $890,000, a contribution margin ratio of 40% and...

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Question

Accounting

Last year Easton Corporation reported sales of $890,000, a contribution margin ratio of 40% and a net loss of $41,000. Based on this information, the break-even point was:

$787,500

$1,095,000

$931,000

$992,500

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