A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $53,000 and variable costs (printing, paper, binding, shipping) at $2.20 for each book produced. If the book is sold to distributors for $12 each, how many must be produced and sold for the publisher to break even?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $53,000 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What do yo consider to be your important achievement of the past month working for companies?
Answers (1)
3) The Bissiges Baby Corporation had current year net income of $237,500. It paid preferred dividends of $40,000 cash and had 480,000 weighted-average shares of common stock outstanding. Calculate the corporation's earnings per share.
Answers (1)
If a bank has a total of $80,000 in deposits and has made three loans in the amounts of $10,000, $20,000, and $30,000, what is this bank's reserve ratio (assuming it has no other deposits or made any other loans) ? a) 20% b) 75% c) 25% d) 60%
Answers (1)
The price elasticity of demand measures the: A) responsiveness of quantity demanded to a change in quantity supplied. B) responsiveness of price to a change in quantity demanded. C) responsiveness of quantity demanded to a change in price.
Answers (1)
For each of the following situations with regard to owner's contributions and withdrawals of the business, compute the amount of net income or net loss during June 2016. a. The owner contributed $ 10 comma 000 to the business and made no withdrawals.
Answers (1)
New Questions in Business
Bustillo Inc. is working on its cash budget for March. The budgeted. 3 Bustillo Inc. ts working on ts cash budget for March. The budgeted beginning cash balance is $40,000.
Answers (1)
Transfer payments are: a. a redistribution of funds from one individual to another individual in the economy. b. another term for government taxation. c. a means by which government raises funds. d. counted in gdp.
Answers (1)
A corporation owns many acres of timber, which it acquired three years ago, and which has a $120,000 basis. The timber was cut last year for use in the corporation's business. The FMV of the timber on the first day of last year was $270,000.
Answers (1)
Which of the following is an inequality or equation that expresses a restriction in a mathematical model? a. Decision variableb. Parameterc. Objective functiond. Constrainte. None of these
Answers (1)
Vent, Inc. reported net income of $770,000 for 2018. Vent sold 15,000 shares of treasury stock acquired in a previous year on July 1 and 15,000 new shares on November 1. At year-end, 180,000 shares were outstanding.
Answers (1)