SOLUTION: Question
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 printin
Question 1105121: Question
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). There are two production methods it could use. With one method, the one-time fixed costs will total
$
63,100
, and the variable costs will be
$
11.25
per book. With the other method, the one-time fixed costs will total
$
17,922
, and the variable costs will be
$
23.50
per book. For how many books produced will the costs from the two methods be the same?
