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 | $88,000 per year |
Selling & administrative | 18,000 per year |
How many units must be sold to break-even?
Solution: 100% correct answer