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Cedar Company has the following information related to a new project: Initial investment: $1,498,000; Fixed costs: $416,000; Variable costs: $12.30 per unit; Selling price: $31.20

  1. Cedar Company has the following information related to a new project: Initial investment: $1,498,000; Fixed costs: $416,000; Variable costs: $12.30 per unit; Selling price: $31.20 per unit; Discount rate: 13 percent; Project life: 5 years; Tax rate: 25 percent. Fixed assets are depreciated using straight-line depreciation over the project's life. What is the financial break-even point?

    46,773 units

    44,275 units

    48,924 units

    50,008 units

    42,683 units

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