Question: Tim Taylor has written a self improvement book that has the following cost characteristics: $16.00 per book Variable cost per unit: Production $4.00 and selling
Tim Taylor has written a self improvement book that has the following cost characteristics:
$16.00 per book
Variable cost per unit: Production $4.00 and selling & administrative $2.00
Fixed costs: Production $90,400 per year and selling & administrative 21,900 per year
How many units must be sold to break-even?
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