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Homework answers / question archive / We are evaluating a project that costs $841,218, has an eight-year life, and has no salvage value
We are evaluating a project that costs $841,218, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 64,821 units per year. Price per unit is $35, variable cost per unit is $16, and fixed costs are $416,093 per year. The tax rate is 35%, and we require a return of 19% on this project.
Calculate the Accounting Break-Even Point. (Round answer to 0 decimal places. Do not round intermediate calculations)
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