Cash Operating Expenses = 10,000/year
Labor per hour = $16
Production Rate = 25/hour
Depr Type = Straight Line
Selling Price = 1.47/unit
Interest on Debt = 0.35%
Life = 5 years
First Cost = 60,000
Salvage = 10,000
Tax Rate = 42%
Debt Ratio = 37%
Return on Equity = 14.7%
How many parts must be produced each year to just break even? (Use AEC equation)