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Your department has identified the following forecasts for an upcoming project: Initial investment: $2080 Fixed costs are $2074 per year Variable costs: $5.47 per unit
Your department has identified the following forecasts for an upcoming project:
Initial investment: $2080
Fixed costs are $2074 per year
Variable costs: $5.47 per unit
Depreciation: $217 per year
Price: $20.89 per unit
Discount rate: 10%
Project life: 4 years
Tax rate: 34%
Calculate the accounting break-even point. (Round answer to 0 decimal places, round intermediate calculations to 5 decimal places)
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