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The neighbourhood bookstore sells novels for $10 per unit. The cost to purchase one book is $7. The store has fixed costs per month of
The neighbourhood bookstore sells novels for $10 per unit. The cost to purchase one book is $7. The store has fixed costs per month of $1650. The store estimates that they can sell 2000 books each month. (a) Compute the break-even point in units. (b) Compute the break-even point in sales dollars. (c) Compute the break-even point as a percent of capacity. books. (a) The break-even point in units is (Simplify your answer.) (b) The break-even point in sales dollars is $ (Simplify your answer.) %. (c) The break-even point as a percent of capacity is (Round to two decimal places as needed.)
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