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Quail, Inc. has a contribution margin of 40% and fixed costs of $120,000. What is the break-even point? $300,000 $48,000 $72,000 $200,000

Quail, Inc. has a contribution margin of 40% and fixed costs of $120,000. What is the break-even point?

$300,000

$48,000

$72,000

$200,000

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