Question: Question 5(1 point) Tim Taylor has written a self improvement book that has the following cost characteristics: Selling Price $16.00 per book Variable cost per
Question 5(1 point)
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 $94,800 per year
Selling & administrative 28,500per year
How many units must be sold to break-even?
Round to two decimal places.
Your Answer:
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