Morimos Inc. has a new eight-year project that produces high-end raincoats. The initial investment equals $82,000. The estimated selling price equals $97 per unit and variable costs equal $76 per unit. Fixed costs equal to $37,000. Investors do require a 13% return.

a. Calculate the accounting break-even quantity? Interpret your answer.

b. Calculate the cash break-even quantity? Interpret your answer.

c. Calculate the financial break-even quantity? Interpret your answer.

d. What is the degree of operating leverage for this project? Assuming that sales are estimated at $232,800.