Maroon Company's contribution margin ratio is 24%. Total fixed costs are $84,000. What is Maroon's break-even point in sales dollars?
A) $20,160.
B) $110,526.
C) $350,000.
D) $240,000.
E) $84,000.
C) $350,000.
Explanation: Break-even point in dollars = $84,000/0.24 = $350,000
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