Question: (Chapter 7 - Short-answer question. Use the following information to answer questions 9 to 11.) The Quorum Company has a prospective 6-year project that requires

 (Chapter 7 - Short-answer question. Use the following information to answer
questions 9 to 11.) The Quorum Company has a prospective 6-year project
that requires initial fixed assets costing $963,000, annual fixed costs of $403,400,

(Chapter 7 - Short-answer question. Use the following information to answer questions 9 to 11.) The Quorum Company has a prospective 6-year project that requires initial fixed assets costing $963,000, annual fixed costs of $403,400, variable costs per unit of $123.60, a sales price per unit of $249. a discount rate of 14 percent, and a tax rate of 21 percent. The asset will be depreciated straight-line to zero over the life of the project. Compute the accounting break-even sales quantity, Compute the financial break-even sales quantity Explain why as a manager calculating accounting break-even sales quantity and financial break-even sales quantity are important

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