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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
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.
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