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Olin Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1430 per unit; variable costs = $316 per unit; fixed
Olin Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1430 per unit; variable costs = $316 per unit; fixed costs = $3931656; quantity = 71456 units. Suppose the company believes all of its estimates are accurate only within +/-17 percent. What is the company's EBIT when it performs its best-case scenario analysis? (Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)
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