37. Tice Company is a medium-sized manufacturer of lamps. During the year a new line called "Horolin" was made available to Tice's customers. The break-even point for sales of Horolin is $200,000 with a contribution margin of 40%. Assuming that the profit for the Horolin line during the year amounted to $100,000, total sales during the year would have amounted to: A) $300,000 B) $420,000 C) $450,000 D) $475,000 Answer: C Level: Hard LO: 3,5,6 Source: CPA, adapted