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Business, 16.04.2020 00:48 Jasten

Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Sheridan incurs $7215000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is

a. $18037500.
b. $19500000.
c. $2669550.
d. $16779070.

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