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Saby Corporation's break-even-point in sales is $800,000, and its variable expenses are 70% of sales. If the company lost $30,000 last year, sales must have
Saby Corporation's break-even-point in sales is $800,000, and its variable expenses are 70% of sales. If the company lost $30,000 last year, sales must have amounted to: Multiple Choice $770,000 $740,000 $700,000 $530,000 Last year Easton Corporation reported sales of $770,000, a contribution margin ratio of 40% and a net loss of $29,000. Based on this information, the break-even point was: Multiple Choice $697,500 $915,000 $799,000 $842,500
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