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The following is Allison Corporation's contribution format income statement for last month:

sales 800000
variable expenses 300000
contribution margin 500000
fixed expenses 400000
net operating income 100000

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?

A $640,000

B $700,000

C $0

D $400,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M965060

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