Break-Even Analysis The Parents for Better Schools of Fresno, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $20 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 800 books to break even on its $3,600 investment. What is the variable cost per unit assumed in the Parents for Better Schools' analysis? Round your answer to the nearest cent. per unit
Break-Even Analysis The Parents for Better Schools of Fresno, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $20 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 800 books to break even on its $3,600 investment. What is the variable cost per unit assumed in the Parents for Better Schools' analysis? Round your answer to the nearest cent. per unit
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Break-Even Analysis
The Parents for Better Schools of Fresno, California,
collected recipes from members and published a
cookbook entitled Food for Everyone. The book will sell
for $20 per copy. The chairwoman of the cookbook
development committee estimated that the club needed
to sell 800 books to break even on its $3,600
investment.
What is the variable cost per unit assumed in the
Parents for Better Schools' analysis? Round your
answer to the nearest cent.
$[
per unit
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