A project has a unit price of $21.98, a variable cost per unit of $8.97, fixed costs of $314,920, and depreciation expense of $38,009. Ignore taxes. What is the cash break-even quantity?
A project has a unit price of $21.98, a variable cost per unit of $8.97, fixed costs of $314,920, and depreciation expense of $38,009. Ignore taxes. What is the cash break-even quantity?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Qq.58.
Subject :- Finance
Transcribed Image Text:A project has a unit price of $21.98, a variable cost per unit of
$8.97, fixed costs of $314,920, and depreciation expense of
$38,009. Ignore taxes.
What is the cash break-even quantity?
NOTE: Numbers may be different than #14. (Double check
your answer by proving it by completing an Income Statement
that ties out)
O 26,055.0
O 25,093.5
O 24,564.7
O26,569.2
O 24,642.7
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