SOLUTION: A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The on

Algebra ->  Distributive-associative-commutative-properties -> SOLUTION: A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The on      Log On


   

Question 550171: A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The one-time fixed costs will total $38,720 . The variable costs will be $11.50 per book. The publisher will sell the finished product to bookstores at a price of $19.50 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?
Answer by fcabanski(1391) About Me  (Show Source):
You can put this solution on YOUR website!
To solve this determine when C=S where C is cost and S is sales.


Cost = 37720+11.5x where x is the number of books.
Sales = 19.50x.


37720+11.5x=19.5x
37720=8x
4840=x

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