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Klinken Corporation's contribution margin ratio on the sale of Its most popular product Is 42%. The product is priced at $88, annual fixed expenses are

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Klinken Corporation's contribution margin ratio on the sale of Its most popular product Is 42%. The product is priced at $88, annual fixed expenses are $840,000. Management is evaluating two options: (1) lowering variable costs by 15% and (2) reducing fixed expenses by 15%. Required: Calculate the current level of break-even sales In dollars, as well as the break even sales for the two options. (Do not round Intermediate calculations. Round your answers to the nearest whole dollar amount) Break-even sales in dollars Option 1: Break-even sales in dollars Option 2: Break-even sales in dollars

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