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?