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Riverdale company is considering working on a new production line. They have the unit price projected to be $7. The unit variable cost is $3.
Riverdale company is considering working on a new production line. They have the unit price projected to be $7. The unit variable cost is $3. The fixed cost that they incurred each year are $200. The initial investment is $1000 and annual depriciation is $150. Assuming a 6 year project life, tax rate of 30%, and discount rate of 10%. what is the number of products that must be sold in order to be break even.
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