In: Finance
Find the accounting break even given the following information: Project Initial Outlay is $5,000 with straight line depreciation; Project Life = 5 Years; Discount Rate = 10 %, Total Production Costs = FC + VC = $15,000 per year; Variable Costs = $2 per unit; Unit Sales = 4,000 units, Price = $5 per unit, and Ignore Taxe