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The following data relate to a popular novel sold by a publisher: Fixed Costs: Copy Editing $6277 Artwork $2226 Typesetting $73502 Variable Costs per copy:

The following data relate to a popular novel sold by a publisher: Fixed Costs:

Copy Editing $6277

Artwork $2226

Typesetting $73502

Variable Costs per copy:

Printing and Binding $3.06

Bookstore Discounts $4.24

Sales Commissions $0.64

Authors Royalties $2.00 Each novel copy sells for $21. The company sold 10025 copies in July.

Required: If the publisher desires a $21229 After-tax Profit, how many novel copies the publisher must sell? Assume the tax rate is 0.33%.

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