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Miller Mfg. is analyzing a proposed project. The company expects tosell 8,000 units, plus or minus 2 percent. The expected variablecost per unit is $11

Miller Mfg. is analyzing a proposed project. The company expects tosell 8,000 units, plus or minus 2 percent. The expected variablecost per unit is $11 and the expected fixed costs are $287,000. Thefixed and variable cost estimates are considered accurate within aplus or minus 5 percent range. The depreciation expense is $68,000.The tax rate is 32 percent. The sales price is estimated at $64 aunit, plus or minus 3 percent. What is the earnings before interestand taxes under the base case scenario?

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