Business and finance help needed: How many units must be sold to break-even?

User Generated

Fcrafre_sna

Business Finance

Description

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$97,200 per year
Selling & administrative20,100 per year

How many units must be sold to break-even?


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Explanation & Answer


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