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 & administration 2.00
Fixed costs
Production $88,800 per year
Selling & administration 23,400 per year
How many units must be sold to break-even?
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
1st Edition
0521823552, 9780521823555
