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Gordon's Steel Parts produces parts for the automobile industry. The company has monthly fixed costs of $ 6 6 0 , 0 0 0 and

Gordon's Steel Parts produces parts for the automobile industry. The company has monthly fixed costs of $660,000 and a contribution margin of 80% of revenues.
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Requirement 1. Compute Gordon's Steel Parts' monthly breakeven sales in dollars. Use the contribution margin ratio approach.
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