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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 $96,400 per year

Selling & administrative 19,200 per year

How many units must be sold to break - even?

Round to two decimal places

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