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Last year Easton Corporation reported sales of $900,000, a contribution margin ratio of 40% and...

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Accounting

Last year Easton Corporation reported sales of $900,000, a contribution margin ratio of 40% and a net loss of $42,000. Based on this information, the break-even point was:

a. $1,110,000

b. $1,005,000

c. $942,000

d. $795,000

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