Question
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$4.00Selling &
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$4.00Selling & administrative2.00
Fixed costs:Production$88,000 per year Selling & administrative19,200per year
How many units must be sold to break-even?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
