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
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 & administrative 2.00
Fixed costs:
Production $95,000 per year
Selling & administrative 23,700 per year
How many units must be sold to break-even?
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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
