Business Finance SPR 2021 CRN 20743 Maria Dominguez & 04/28/21 6:56 P! S Homework: Chapter 13 Homework Score: 0 of 3 pts 2 of 2 (0 complete) HW Score: 0% 0 of P13-11 (similar to) Question Help Break-even analysis) Niece Equipment Rentals of Del Valle, Texas, has recently been approached about the prospect of purchasing a large construction crane. The crane rent $460 an hour but operator, fuel insurance and miscellaneous expenses run $193 an hour when the crane is in use. The company own estimates that it will cost $1,010 a month store and maintain the crane and the annual depreciation expense is $55,000 a. Calculate the accounting break-even number of annual rental hours needed to produce zero operating earnings from the crane (before taxes) b. Calculate the cash break-even point. If we ignore non-cash expenses such as depreciation in the break-even calculation, how many hours must the crans beranted in order to break even on a cash basis? c. Why do we have two different break-even points? What does each one toll you? a. The accounting break-even units of production is hours. (Round to the nearest whole number) Enter your answer in the answer box and then click Check Answer 2 parte Clear All remaining