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II. (5 pts.) Offspring Company is a manufacturer of lamps. The breakeven point for sales of these lamps is $200,000 with a contribution margin ratio
II. (5 pts.) Offspring Company is a manufacturer of lamps. The breakeven point for sales of these lamps is $200,000 with a contribution margin ratio of 40%. If the pretax profit during the year amounted to $100,000, total sales during the year would have amounted to $ ______________
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