Question: (20 points) Modern Artifacts can produce keepsakes that will be sold for $80 each. The fixed costs are $1,000 per year and an initial investment

(20 points) Modern Artifacts can produce keepsakes that will be sold for $80 each. The fixed costs are $1,000 per year and an initial investment of $3,000 and is expected to last for five years, and the firm pays no taxes. Assume the initial investment will be depreciated straight-line over 5 years, and there is no savage value, and the cost of capital is 10%. variable costs are $60 per unit. The project requires 10 points) What is the accounting break-even level of sales? nts) What is the economic break-even level of sales

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