Last year Easton Corporation reported sales of $720,000, a contribution margin ratio of 30% and a net

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Last year Easton Corporation reported sales of $720,000, a contribution margin ratio of 30% and a net loss of $24,000. Based on this information, the break-even point was:

(A)$640,000

(B)$880,000

(C)$744,000

(D)$800,000

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: Jan 19, 2021 02:50 AM

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Last year Easton Corporation reported sales of $720,000, a contribution margin ratio of 30% and a net

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