Question
The neighbourhood bookstore sells novels for $20 per unit. The cost to purchase one book is $7. The store has fixed costs per month of
The neighbourhood bookstore sells novels for
$20
per unit. The cost to purchase one book is
$7.
The store has fixed costs per month of
$1300.
The store estimates that they can sell
400
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.
(a) The break-even point in units is
nothing
books.
(Simplify your answer.)
(b) The break-even point in sales dollars is
$nothing.
(Simplify your answer.)
(c) The break-even point as a percent of capacity is
nothing%.
(Round to two decimal places as needed.)
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