Business and Finance

Business & Finance
Tutor: None Selected Time limit: 1 Day

A publisher from a novel figures fixed cost at $63,000 and variable cost at $1.70 for each book produced. If the book is sold to distributor at $11, how many must be produced and sold for the publisher to break even? Round to nearest integer

Aug 28th, 2014

in order to get break even

63000+1.70x=11x

63000=11x-1.70x

63000=9.3x

x= 63000/9.3

   = 6774.19

   = 6774

Aug 28th, 2014

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Aug 28th, 2014
...
Aug 28th, 2014
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer