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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $
62,276
, and the variable costs will be $
11.50
per book. With the other method, the one-time fixed costs will total $
16,916
, and the variable costs will be $
25
per book. For how many books produced will the costs from the two methods be the same?
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