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The following is Knox Corporation's contribution format income statement for last month: Sales $900,000 Less: variable expenses 300,000 Contribution margin 600,000 Less: fixed expenses 400,000

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The following is Knox Corporation's contribution format income statement for last month: Sales $900,000 Less: variable expenses 300,000 Contribution margin 600,000 Less: fixed expenses 400,000 Operating income $200,000 The company has no beginning or ending inventories. The company produced and sold 10,000 units last month. What is the company's break-even sales in dollars? $599,700. O $640,000. $700,000 O $400,000

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