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What is the company break-even sales in dollars

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Reference no: EM133080693

Question - The following is Knox Corporation's contribution format income statement for last month:

Sales $900,000

Less: variable expenses 300,000

Contribution margin 600,000

Less: fixed expenses 400,000

Operating income $200,000

The company has no beginning or ending inventories. The company produced and sold 10,000 units last month. What is the company's break-even sales in dollars?

Reference no: EM133080693

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