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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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