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9. Bowman Company has total fixed costs of $240,000 and a contribution margin ratio of 20%. What is the dollar amount of total sales necessary

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9. Bowman Company has total fixed costs of $240,000 and a contribution margin ratio of 20%. What is the dollar amount of total sales necessary to break even? A) $960,000. B) $1,200,000. C) $300,000. D) $288,000. 7 11. Matrix Corporation has fixed costs of $900,000 and its variable costs are 75% of the unit selling price. What is the break-even point in dollars? A) $2,700,000 B) $1,200,000 C) $3,600,000 D) $2,100,000

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