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Break-Even Analysis

Last year Easton Company 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:
$640,000
$880,000
$744,000
$800,000

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

Solution Summary

Solution shows the calculations of the break-even point .

$2.19