We are evaluating a project that costs $842,377, 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 62,587 units per year. Price per unit is $42, variable cost per unit is $16, and fixed costs are $416 per year. The tax rate is 35%, and we require a return of 22% on this project. Calculate the Accounting Break-Even Point. (Round answer to 0 decimal places. Do not round intermediate calculations)

We are evaluating a project that costs $842,377, 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 62,587 units per year. Price per unit is $42, variable cost per unit is $16, and fixed costs are $416 per year. The tax rate is 35%, and we require a return of 22% on this project. Calculate the Accounting Break-Even Point. (Round answer to 0 decimal places. Do not round intermediate calculations)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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