SOLUTION: A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​ on) at ​$60,000​
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Question 1081265: A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $60,000, and variable costs (printing, paper, binding, shipping) at $1.10 for each book produced. If the book is sold to distributors for $15 each, how many must be produced and sold for the publisher to break even?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
Let n be the amount of books. Then:
(15-1.10)n=60000
n=4316.5467 books must be produced and sold to break even. ☺☺☺☺
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