Question: Samuelson. lnc.. hasjust purchased a $645,000 machine to produce calculators. The machine will be fullyr depreciated by the straightline method over its economic life of

Samuelson. lnc.. hasjust purchased a $645,000
Samuelson. lnc.. hasjust purchased a $645,000 machine to produce calculators. The machine will be fullyr depreciated by the straightline method over its economic life of eight years and will produce 40.000 calculators each year. The variable production cost per calculator is $10, and total fixed costs are $890,000 per year. The corporate tax rate for the companyr is 25 percent. For the firm to break even in terms of accounting prot, how much should the rm charge per calculator? {Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32:16.1 _

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