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Donald Trump has written a self improvement book that has the following cost characteristics: Selling Price $14.00 per book Variable Cost per unit: Production $
Donald Trump has written a self improvement book that has the following cost characteristics:
Selling Price | $14.00 per book |
Variable Cost per unit: | |
Production | $ 6.00 |
Selling and Administration | $ 3.00 |
Fixed Costs: | |
Production | $100,000 per year |
Selling and Administration | $20,000 per year |
What is the cost formula for total cost for this company, where TC = Total cost and Q = units sold?
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