ACCT 2120 Last year Easton Corporation reported sales of $820,000

Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a net loss of $34,000. Based on this information, the break-even point was:a.$650,000b. $1,160,000c. $854,000d. $990,000Minist Corporation sells a single product for $25 per unit. Last year, the company’s sales revenue was $295,000 and its net operating income was $75,000. If fixed expenses totaled $102,000 for the year, the break-even point in unit sales was:a. 11,800b. 4,720c. 14,800d. 6,800

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