Tim Taylor has written a self improvement book that has the following cost characteristics
Tim Taylor has written a self improvement book that has the following cost characteristics:
Selling Price $16.00 per book
Variable cost per unit:
Production $4.00
Selling & administrative $2.00
Fixed costs:
Production $92,800 per year
Selling & administrative $24,600 per year
How many units must be sold to break-even?
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