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Problem 9-10 Financial Break-Even GDS Co. has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic
Problem 9-10 Financial Break-Even GDS Co. has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of five years. The depreclation schedule for the machlne Is straight-lIne with no salvage value. The machine costs $565,000. The sales price per pair of shoes is $60, while the variable cost is $14Fixed costs of $163,000 per year are trb uted to the machine. Assume that the corporate tax rate is 34 percent and the appropriate discount rate Is 8 percent. What is the financial break-even polnt? (Do not round Intermediete celculetions and round your answer to 2 declmal places, e.g, 32.16.  , Financial break-even point units
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