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 ->  Equations -> 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 121571: 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 amount to $47,736 . The variable costs will be $9.50 per book. The publisher will sell the finished product to bookstores at a price of $23 per book. How many books must the publisher print and sell so that the production costs will equal the money obtained from sales?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
47,736+9.50x=23x
23x-9.50x=47,736
13.5x=47,736
x=47,736/13.5
x=3,526 books are the break even number.