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Southern Goods is analyzing a proposed project using standard sensitivity analysis. The company expects to sell 4450 units, ±11%. The expected variable cost per unit is $15 and the expected fixed costs are $15157. Cost estimates are considered accurate within a ± 5% range. The depreciation expense is $6611. The sale price is estimated at $24 per unit, ±2%.

What is the amount of the fixed cost per unit under the pessimistic case scenario? (Round answer to 2 decimal places)

Financial Management, Finance

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