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Question 5 Tim Taylor has written a self improvement book that has the following cost characteristics: Selling Price $16.00 per book Variable cost per unit:
Question 5
Tim Taylor has written a self improvement book that has the following cost characteristics:
Selling Price$16.00 per bookVariable cost per unit:Production$4.00Selling & administrative2.00Fixed costs:Production$91,200 per yearSelling & administrative19,500per year
How many units must be sold to break-even?
Round to two decimal places.
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