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: Multiple Choice $795,000 $1,110,000 $942,000 $1,005,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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:

Multiple Choice
  •  
    $795,000
  •  
    $1,110,000
  •  
    $942,000
  •  
    $1,005,000
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