At a sales level of 29,000 units, Pony Corp. has sales of $580,000, a variable cost ratio

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At a sales level of 29,000 units, Pony Corp. has sales of $580,000, a variable cost ratio of 60%, and a profit of $94,000. What is the break-even point in units?
29,000
7,400
17,250
21,600

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 12, 2017 09:16 AM

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At a sales level of 29,000 units, Pony Corp. has sales of $580,000, a variable cost ratio

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Sales 580000 Variable cost 60 of sales 348000 Contribution margin 232000 Contrib...View the full answer

Contemporary Financial Management

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