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Liu Sales has two store locations. Sanford has fixed costs of $26,000 per month and a contribution margin ratio of 35%. Orlando has fixed costs
Liu Sales has two store locations. Sanford has fixed costs of $26,000 per month and a contribution margin ratio of 35%. Orlando has fixed costs of $440,000 per month and a contribution margin ratio of 65%. At what sales volume would the two stores have equal profits or losses?
a. cannot determine with the information given
b. $700,000
c. $600,000
d. $1,480,000
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