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Determine how many units must be sold to break-even

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Reference no: EM132671980

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 $97,200 per year

Selling & administrative 20,400 per year

Problem 1: How many units must be sold to break-even? Round to two decimal places.

Reference no: EM132671980

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