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Fields Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Fields incurs $2,220,000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. what is the break-even point in dollars ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9102282

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