You are employed as a financial analyst for a single-product manufacturing firm. Your supervisor has mad the following cost structure information available to you, all of which pertains to an output level of 1,600,000 units.
Return on operating assets = 15%
Operating asset turnover = 5 times
Operating assets = $3 million
Degree of operating leverage = 8 times
Your task is to find the break-even point in units of the output for the firm