Question
Southwest U's campus book store sells course packs for $16 each. The variable cost per pack is $10, and at current annual sales of 49,000
Southwest U's campus book store sells course packs for $16 each. The variable cost per pack is $10, and at current annual sales of 49,000 packs, the store earns $75,000 before taxes on course packs. How much are the fixed costs of producing the course packs?
| $69,840 | ||
| $61,920 | ||
| $55,440 | ||
| $72,000 | ||
| $59,040 |
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Introductory Econometrics For Finance
Authors: Chris Brooks
2nd Edition
052169468X, 9780521694681
