A bookstore sells books for 40% above their variable costs. The variable costs per book are $90
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A bookstore sells books for 40% above their variable costs. The variable costs per book are $90 and to break even they need to have a total revenue of $189,000 per annum.
a. How many books should the bookstore sell per year to break even?
b. Calculate the fixed costs per annum.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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