7. Last year Easton Company reported sales of $360,000, a contribution margin ratio of 30% and a net loss of $12,000. Based on this information, the break-even point was: A) $400,000. B) $372,000. C) $440,000. D) $320,000. 8. Kendall Company has sales of 1,000 units at $10 a unit. Variable expenses are 40% of the selling price. If total fixed expenses are $5,000, the degree of operating leverage is: A) 10. B) 6. C) 3. D) 5. The following monthly data are available for the Wyatt Company and its only pr S