A publishing company decided to create a new chemistry textbook to be sold to bookstores for $120
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A publishing company decided to create a new chemistry textbook to be sold to bookstores for $120 each. The costs for adding this new textbook to its products are: $2000 per month rent for additional space for its editorial and research team, $330 per month insurance costs for the building, $4250 per month for support staff, $2500 per month for sales and marketing. The variable cost per textbook is $18.
a. b. Calculate the break-even volume. If the profit last month was $55,460, how many textbooks did it sell?
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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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