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Given the following information: Sales Price 210 VC 50 FC 500,000 Tax Rate 21% Rate 10% Machine Cost 2,000,000 Life 5 Depreciation Straight Line Answer

Given the following information:

Sales Price 210
VC 50
FC 500,000
Tax Rate 21%
Rate 10%
Machine Cost 2,000,000
Life 5
Depreciation Straight Line

Answer the following questions related to this statement^^

Please use excel when answering and round to the correct decimal places, thank you so much!!

21. Calculate the equivalent annual cost of the machine. (Round to 2 decimals) ANSWER IS NOT 419999.61

22. Calculate the financial break-even number of units for the project. (Round to 2 decimals) ANSWER IS NOT 214285.71

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