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Last year Easton Corporation reported sales of $910,000, a contribution margin ratio of 20% and a net loss of $43,000. Based on this information, the
Last year Easton Corporation reported sales of $910,000, a contribution margin ratio of 20% and a net loss of $43,000. Based on this information, the break-even point was:
a. $1,340,000
b. $1,125,000
c. $953,000
d. $695,000
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