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An engineering testing laboratory measures its output in a standard service hour unit, which is a function of the level...

An engineering testing laboratory measures its output in a standard service hour unit, which is a function of the level of testing to be performed. The variable cost (cV) is $42 per standard test service hour. The charge-out rate (i.e., selling price, p) is $65.12 per hour. The maximum output of the testing lab is 120,000 hours per year, and its fixed cost (CF) is $1,534,000 per year. For this firm, what is the breakeven point in standard test hours? (Enter your answer as a number without the units of hours.)

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