Question
Type of Cost: Retro-Vinyl Album package cost 1.30 per album Songwriter Royalties .40 per album Recording artist royalties 1.10 per album Advertising and Promotion costs
Type of Cost:
Retro-Vinyl Album package cost 1.30 per album
Songwriter Royalties .40 per album
Recording artist royalties 1.10 per album
Advertising and Promotion costs 280,000
Studio Recording inc's overhead costs. 260,000
Pricing information
Selling price to distributor 9.25
What is the Contribution per album unit?
Break-even volume in album units and dollars?
Net profit if one million albums are sold?
Necessary album unit volume to achieve a 200,000 dollar profit?
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Essentials of Marketing
Authors: William D. Perreault, Joseph P. Cannon
13th edition
78028884, 978-0078028885
