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Roadside Inc would like to launch a new solar powered flashlight. The board of directors is dubious, and says that it will only approve the project if management can show the venture producing at least $175,000 in profit in the first year. Management estimates fixed costs at $277,837 for the first year. Variable cost will be $15.11 per unit, and a consultant thinks that the light could sell for $22.76 each. Calculate annual breakeven sales in units for the solar powered flashlight including the required profit of $175,000. (Round your answer to the nearest tenth of a unit.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92843778

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