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$4.00 Selling
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 & administrative2.00
Fixed costs:
Production$91,000 per year
Selling & administrative 24,300per year
How many units must be sold to break-even?
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
