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Last year Easton Company reported sales of $ 7 2 0 , 0 0 0 , a contribution margin ratio of 3 0 % and

Last year Easton Company reported sales of $720,000, a contribution margin ratio of 30% and a
net loss of $24,000. Based on this information, the break-even point was:
$640,000
$880,000
$744,000
$800,000
none of the above

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