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Required information [The following information applies to the questions displayed below.] Corrigan Enterprises is studying...

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Accounting

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Required information [The following information applies to the questions displayed below.] Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole product, the universal gismo. Data relevant to the systems follow. Model no. 6754: Variable costs, $16.80 per unit Annual fixed costs, $985,600 Model no, 4399: Variable costs, $12.80 per unit Annual fixed costs, $1,113,60 Corrigan's selling price is $64 per unit for the universal gismo, which is subject to a 5 percent sales commission. (In the following requirements, ignore income taxes.) 4. Ignoring the information presented in part 3, at what volume level will the annual total cost of each system be equal

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