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 $90,400 per year Selling & administrative 27,900 per year How many units must be sold to break-even? Round to two decimal places.
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 $90,400 per year Selling & administrative 27,900 per year How many units must be sold to break-even? Round to two decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 | $90,400 per year |
| Selling & administrative | 27,900 per year |
How many units must be sold to break-even?
Round to two decimal places.
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