Question: A project has a contribution margin of $15, projected fixed costs of $120,000, variable costs per unit of $12 annual depreciation of $61.000, and a

A project has a contribution margin of $15, projected fixed costs of $120,000, variable costs per unit of $12 annual depreciation of $61.000, and a projected present value break-even point of 13,601.20 units. The tax rate is 21 percent, the discount rate is 12 percent, and the project life is 3 years. What is the equivalent annual cost? Multiple Choice $81110 $76,667 $76,192 $72.549 $84,207

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