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Dire Straits, Ltd.'s contribution format income statement shows $100,000 sales for 1,000 units sold, variable costs of $60,000 and fixed costs of $20,000. What is

Dire Straits, Ltd.'s contribution format income statement shows $100,000 sales for 1,000 units sold, variable costs of $60,000 and fixed costs of $20,000. What is Dire Straits, Ltd.'s breakeven sales in dollars?

Multiple Choice:

$100,000

$50,000

$33,333

5,000

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