Question: Question 38 Based on the following information, solve for the quantity needed to break-even on a financial basis. The OCF needed to Break-Even on a

 Question 38 Based on the following information, solve for the quantity

Question 38 Based on the following information, solve for the quantity needed to break-even on a financial basis. The OCF needed to Break-Even on a financial basis is $345,000, The project requires a $1,350,000 investment depreciated straight line to zero over it's 5 year life. The contribution margin is $2,750 per unit. Fixed costs are $75,000 per year. 2,350 units 3,450 units 54 units 140 units 153 units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!