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The following is last month's contribution format income statement: Sales (25,000 units) $1,700,000 Variable expenses 1,275,000 Contribution margin 425,000 Fixed expenses 220,000 Net operating income
The following is last month's contribution format income statement: 1,275,000 220,000 $ 205,000 What is the company's break-even in sales dollars? (Do not round intermediate calculations.)
Sales (25,000 units) $1,700,000 Variable expenses Contribution margin 425,000 Fixed expenses Net operating income
$1,495,000 | |
$220,000 | |
$1,700,000 | |
$880,000 |
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