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A project has the following estimated data: price = $65 per unit; variable costs = $33 per unit; fixed costs = $4,000; required return =
A project has the following estimated data: price = $65 per unit; variable costs = $33 per unit; fixed costs = $4,000; required return = 16%; initial investment = $9,000; life = three years. Ignore the effect of taxes and assume straight-line depreciation to zero.
What is the accounting break-even quantity?
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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
