Homework Answers
Total sales = $504,104 + $266,596 = $770,700
Total CM = $157,532 + $73,146 = $230,678
CM ratio = Total CM / Total sales
= $230,678 / $770,700
= 30%
Breakeven sales = Fixed cost / CM ratio
= $245,000 / 30%
= $816,667
Option E
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