Question: A project has the following estimated data: Price = $62 per unit; Variable Cost = $41 per unit. Fixed Costs = $15,500. Required Return =
A project has the following estimated data:
Price = $62 per unit; Variable Cost = $41 per unit. Fixed Costs = $15,500.
Required Return = 12%.
Initial Investment = $24,000. Project Life = 4 years.
Ignoring the effect of taxes, what is the Financial Break-Even quantity?
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