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Last year Easton Corporation reported sales of $890,000, a contribution margin ratio of 40% and a net loss of $41,000. Based on this information, the

Last year Easton Corporation reported sales of $890,000, a contribution margin ratio of 40% and a net loss of $41,000. Based on this information, the break-even point was:

Multiple Choice

  • $992,500
  • $787,500
  • $1,095,000
  • $931,000

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