1) At a level of 24,600 units sold, Gail Corp. has sales of $639,600, a contribution margin ratio of 45%, and a profit of $108,810. What is the break-even point in units?

a) 11,070

b) 15,300

c) 15,070

d) 24,600

2) Last month Peggy Company had a $25,077 profit on sales of $324,000. Fixed costs are $101,283 a month. What sales revenue is needed for Peggy to break even? (Round your answer to the nearest dollar amount.)

a) $25,077

b) $349,077

c) $126,360

d) $259,700

3) Dancer Corp. has a selling price of $17 per unit, and variable costs of $12 per unit. When 15,000 units are sold, profits equaled $47,000. How many units must be sold to break-even?

a) 5,600

b) 15,000

c) 24,400

d) 17,333