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Problem: 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

$88,200 per year

Selling & administrative

25,500 per year

Required:

Question: How many units must be sold to break-even?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91807846
  • Price:- $10

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