SOLUTION: A small publishing company has a one time product cost for editing and printing of 56,430.00. Variable cost per book is $8.25. Publishe is selling the book to the store for $21.75.

Question 238780: A small publishing company has a one time product cost for editing and printing of 56,430.00. Variable cost per book is $8.25. Publishe is selling the book to the store for $21.75. How many books must the publisher print and sell so that the production cost will equal the money obtained from sells.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A small publishing company has a one time product cost for editing and printing of 56,430.00. Variable cost per book is $8.25. Publisher is selling the book to the store for $21.75. How many books must the publisher print and sell so that the production cost will equal the money obtained from sales.
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Let "x" be the number of books they have to sell.
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Income = 21.75x dollars
Production cost = 56,430 +8.25x
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Breakeven equation:
21.75x = 56430 + 8.25x
13.50x = 56430
x = 4180 books
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Cheers,
Stan H.
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