Selling Price $16.00 per book
Variable cost per unit
Prod">
Michael Vick has written a self improvement book that has the following cost characteristics;Selling Price

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Question

"Michael Vick 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 $88,000 per year
Selling & administrative 18,000 per year
How many units must be sold to break-even?"

 

Solution ID:436803 | This paper was updated on 26-Nov-2015

Price : $25
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