At a Level of 20,000 Units Sold,Gail Corp

question 46

Multiple Choice

At a level of 20,000 units sold,Gail Corp.has sales of $400,000,a contribution margin ratio of 40%,and a profit of $40,000.What is the break-even point in units?

• A)12,000
• B)8,000
• C)20,000
• D)15,000

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Definitions:

Organizational Culture

The collection of values, expectations, and practices that guide and inform the action of all team members within an organization.

Corporate Level

Pertains to the highest level of strategic decision-making in a company, encompassing actions and plans that affect the overall organization.

Stakeholders

Individuals or groups that have an interest, claim, or stake in a company, outcome, or project.

Functional Level

The operational layer in an organization that focuses on specific business functions such as marketing, finance, or production.