SOLUTION: "Top News' prints daily newspapers in the city of Montego Bay, Jamaica. The fixed monthly cost of production is $235 000 and the variable cost per newspaper is $25. Each newspaper
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Question 1205184: "Top News' prints daily newspapers in the city of Montego Bay, Jamaica. The fixed monthly cost of production is $235 000 and the variable cost per newspaper is $25. Each newspaper sells for $60.
(d) For a monthly volume of 5000 newspapers, determine the total cost, total revenue and profit
(9 marks)
(e) Determine the monthly break-even volume for "Top News'.
(6 marks)
Considering the month has 30 days, what is the average number of newspapers that must be sold per day to break even.
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
COST
x, the number of newspapers
REVENUE
This is a very expensive newspaper.
PROFIT:
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