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 bookVariable cost per unit:Production$4.00Selling & administrative2.00Fixed costs:Production$95,400 per yearSelling & administrative28,200per year
How many units must be sold to break-even?
Round to two decimal places.
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
