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QUESTION 3 The following cost and revenue information pertains to the new CD: CD package and disc (direct material and labor): $2.50/CD Songwriters' royalties: $0.70/CD
QUESTION 3 The following cost and revenue information pertains to the new CD: CD package and disc (direct material and labor): $2.50/CD Songwriters' royalties: $0.70/CD Recording Artists' royalties: $2.00/CD Advertising & promotion: $380,000 Sony Records Inc.'s Overhead: $300,000 Selling price to CD Distributor: $10.00 3) Knowing they had been selling 100,000 CDs, what percent does this change in sales represent? A. 25.36% B. 12.43% C.79.17% D. 15.63% E. None of the above QUESTION 3 The following cost and revenue information pertains to the new CD: CD package and disc (direct material and labor): $2.50/CD Songwriters' royalties: $0.70/CD Recording Artists' royalties: $2.00/CD Advertising & promotion: $380,000 Sony Records Inc.'s Overhead: $300,000 Selling price to CD Distributor: $10.00 3) Knowing they had been selling 100,000 CDs, what percent does this change in sales represent? A. 25.36% B. 12.43% C.79.17% D. 15.63% E. None of the above
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