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

Nov 5th, 2015
Business Finance
Price: $5 USD

Question 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:
Selling & administrative2.00
Fixed costs:
Production$97,200 per year
Selling & administrative20,100 per year

How many units must be sold to break-even?

Tutor Answer

(Top Tutor) whgrab
School: UC Berkeley

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