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How many units must be sold to break even

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Reference no: EM133160846

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

$94,200 per year

Selling & administrative

20,400 per year

How many units must be sold to break even? Round to two decimal places.

Reference no: EM133160846

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