Problem:
IronVerks Ribshack has total fixed costs of $8,500 per month. It sells rib plates for $15 each, and the variable cost of providing each plate is $10.
Required:
Question: What is the pretax operating cash flow break-even point for IronVerks?
- 567 plates.
- 1,700 plates.
- 8,500 plates.
- None of these.
Note: Show supporting computations in good form.